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Firms get more time for share format conversion
Financial Express Kochi
|February 13, 2025
THE MINISTRY OF Corporate affairs (MCA) has given an extension for private companies to convert their physical shares into electronic form by June 2025.
THE MINISTRY OF Corporate affairs (MCA) has given an extension for private companies to convert their physical shares into electronic form by June 2025. The extension has come as two depositories NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited) have a huge backlog of applications from companies to deal with.
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