Archive · 17 Jun 2025
Zerodha Offers Free Share Digitization for Investors
If you have old paper share certificates, they are hard to use.
Zerodha, a stock trading platform, is offering a free service to change these old papers into digital shares, even if you don't use their platform.
This is important because the government stopped allowing paper share transfers, except for inherited ones.
Digital shares help stop fraud and speed things up, which is good for everyone.
Zerodha offers a free service to convert physical share certificates into digital format.
The service is available even to those who are not Zerodha clients.
SEBI banned the transfer of physical shares in 2019, except through inheritance.
Demat is necessary before shares can be sold or pledged.
The move towards electronic shares aims to eliminate fraud and delays.
- Who
- Zerodha, led by Nithin Kamath, and investors with physical share certificates.
- What
- Zerodha is offering a free service to convert physical share certificates into digital (demat) form.
- When
- The service is currently available.
- Where
- N/A
- Why
- To facilitate the dematerialization of shares, which is required by SEBI to prevent fraud and delays.
- Initiative
- Free service to convert physical shares to demat form
- Provider
- Zerodha
- Eligibility
- Not limited to Zerodha clients
- Purpose
- To facilitate dematerialization of shares
- SEBI Rule
- Banned physical share transfers (except inheritance) in 2019
- Key Figure
- Nithin Kamath, Zerodha co-founder
Sources
'Scammers impersonating brokers': What Zerodha's Nithin Kamath says on SEBI's new UPI security feature
Nithin Kamath hails Sebi’s UPI security feature amid rising frauds: What it means for investors, how it works & more
Don’t Fall for Fake UPI Handles! Zerodha’s Nithin Kamath Flags Broker Scams As SEBI Steps In With New UPI Safety Rule
