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Procedures For Demat Conversion

The document outlines the procedure for the admission of unlisted public and private limited companies to CDSL, detailing the required documents and fees. Companies must submit various certified copies, agreements, resolutions, and financial statements, along with a payment for application processing and custodial charges based on their securities' nominal value. Additionally, a security deposit equivalent to two years of custodial fees is required at the time of admission.

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7 views1 page

Procedures For Demat Conversion

The document outlines the procedure for the admission of unlisted public and private limited companies to CDSL, detailing the required documents and fees. Companies must submit various certified copies, agreements, resolutions, and financial statements, along with a payment for application processing and custodial charges based on their securities' nominal value. Additionally, a security deposit equivalent to two years of custodial fees is required at the time of admission.

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mycracyids
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Procedure for Admission of Public Limited and Private Limited Unlisted companies

Reference Ministry of Corporate Affairs (MCA) notification dated 10th September, 2018, The company should submit the
certified true copy(ies) of the following document(s) along with the payment to CDSL:
1. The company should submit the certified true copy(ies) of the following document(s) along with the payment to CDSL:
 Payment towards Application Processing Fee, Annual Custodial Charges & Security Deposite through NEFT/Demand draft
favouring 'Central Depository Services (India) Limited'.
 Tri-partite (for franking and e-stamping / on stamp paper) or bi-partite (for franking and e-stamping / on stamp paper)
and (In House RTA Declaration ) agreement should be executed with CDSL in triplicates with one original and two copies
of the original agreement with ORIGINAL SIGNAURES AND RUBBER STAMP on it. Stamp duty payable on agreements will
be Rs.600/- if executed in the state of Maharashtra.

Please do not mention the date on the agreement. The date of execution of agreement will be entered by
CDSL, after obtaining necessary approvals for admitting the company. If the agreement is received with
the date mentioned on it, same would be rejected and issuer, RTA has to execute new agreement.

 Master Creation Form (MCF)


 Soft & hard copy of security details in prescribed format (Equity).
 Board Resolution for admission of securities with CDSL mentioning the details about authorized signatory(ies) and
appointment of RTA, if any.
 Certified copy of the Certificate of Incorporation and Certificate of Incorporation pursuant to change of name of company,
if applicable.
 Undertaking on the letterhead of the company duly stamped and signed by the authorized signatory (For Private
Companies).
 Undertaking on the letterhead of the company duly stamped and signed by the authorized signatory (For Unlisted Public
Companies).
 Declaration for freezing / unfreezing of securities (applicable in case of Private Limited Company).
 Certified copy of PAS-3 and SH-7 filed with MCA for issue of securities or variation in face value of shares or reduction in
capital after the last balance sheet date.
 Certified Copies of Memorandum and Articles of Association.
 Annual Report for the last financial year
 Net Worth Certificate From A Practicing Chartered Accountant

Tariff for all Unlisted companies (Public and Private) Custodial Fees will be applicable on the issue size of
Debenture and paid up capital of Equity.

 Reference Ministry of Corporate Affairs (MCA) notification dated 10th September, 2018, Issuers to pay @ ₹11.00 (*) per
folio (ISIN position) to CDSL, subject to a minimum as mentioned below:

Nominal value of admitted securities Annual Custodial Charges


payable by an Issuer to CDSL (*)

Upto 2.5 crore 5,000

Above 2.5 crore and upto 5 crore 9,000

Above 5 crore and upto 10 crore 22,500

Above 10 crore and upto 20 crore 45,000

Above 20 crore 75,000

 Security Deposit: The unlisted public companies to maintain security deposit of not less than two years annual custodial
fees. Issuer companies will be charged two years annual custodial fees as applicable in the first year of admission till there
is a change in the capital slab. In the event of change in applicable capital slab the security deposit will be enhanced by
the difference in charges (for two years).

Private & Confidential Prepared by Infinite Ingenious Consultants India Private Ltd.,

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