Swastika Investmart Limited

A shareholder could hold securities either in the form of physical
paper certificates or in electronic form. A demat account assists and
shareholder hold securities in the electronic form. The conversion of
securities in to the electronic format from a physical format is called
'Dematerialization', referred to as Demat in tiny. These securities in
electronic format are held on the shareholder’s behalf by an entity
called a Depository. This depository interfaces with shareholders
through its brokers called depository participants (DPs).