Multiple choice general knowledge

On rematerialisation the share certificates are:

  1. issued by NSDL and forwarded to investor directly by NSDL.

  2. issued by Issuer/ its R and T Agent and forwarded to investor through depository participant.

  3. issued by Issuer/ its R and T Agent and forwarded to investor directly by Issuer/ its R and T Agent.

  4. issued by Issuer/ its R and T Agent and forwarded to investor through NSDL.

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In rematerialization, the issuer or its R&T Agent issues physical share certificates and sends them directly to the investor. The depository (NSDL) and depository participants are not involved in the certificate delivery process. This reverses dematerialization where certificates are converted to electronic form.