Dematerialisation of Shares for Private Companies
ISIN, depository connectivity and Rule 9B compliance
- 1CheckSmall-company status confirmed.
- 2ConnectRTA appointed; ISIN obtained.
- 3ConvertShares credited to holders' demat accounts.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Dematerialisation of Shares for Private Companies
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
Under Rule 9B of the Companies (Prospectus and Allotment of Securities) Rules, every private company that is not a small company must issue securities only in dematerialised form and help its holders dematerialise existing shares. Companies that were not small companies on 31 March 2023 had to comply by 30 June 2025. Compliance means appointing a registrar and transfer agent, getting an ISIN from NSDL and CDSL, and filing PAS-6 every half-year.
After the deadline, a non-compliant company can't issue new shares, buy back or issue bonus or rights shares, and shareholders who haven't dematerialised can't transfer their shares or subscribe to new ones. Investors increasingly insist on this before closing a round.
The small-company limits were raised from 1 December 2025 (paid-up capital up to ₹10 crore and turnover up to ₹100 crore), so some companies have moved into the exemption. We check your status first, then handle the RTA tripartite agreement, ISIN, corporate action and holder conversion.
| Rule | Rule 9B, Companies (Prospectus and Allotment of Securities) Rules 2014 |
|---|---|
| Applies to | Private companies other than small companies |
| Deadline for existing companies | 30 June 2025 |
| Steps | RTA, ISIN from NSDL/CDSL, corporate action |
| Ongoing | PAS-6 reconciliation every half-year |
Who this is for
Common scenarios where this service is a good fit.
- Private companies above small-company limits
- Funded startups with investor shareholders
- Companies planning a share issue, buyback or transfer
What you get
Clear deliverables so you know exactly what's included.
- Applicability check
- RTA appointment and ISIN application
- Conversion of existing physical shares
- PAS-6 filing
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Small-company status confirmed.
RTA appointed; ISIN obtained.
Shares credited to holders' demat accounts.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
