Last Chance: SEBI Reopens Window for Physical Share Demat Conversion

• SEBI approved changes to LODR Regulations, 2015 on December 17 to simplify investor services.
• The requirement for a Letter of Confirmation has been removed, cutting demat conversion time from ~150 to ~30 days.
• A new window allows investors to convert physical shares bought before April 1, 2019, with original certificates and transfer deeds.
• This aims to protect genuine investors and push for complete dematerialization of shares.

Why It Matters: SEBI offers a final opportunity to convert physical shares to demat, simplifying the process.