Regulation 28 - Security eligible for dematerialisation - SECURITIES AND EXCHANGE BOARD OF INDIA (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996

Security eligible for dematerialisation. 28. The following securities shall be eligible for being held in dematerialised form in a depository :- (a) shares, scrips, stocks, bonds, debentures, debenture stock 1 [, Indian Depository Receipts] or other marketable securities of a like nature in or of any incorporated company or other body corporate; (b) units of mutual funds, rights under collective investment schemes and venture capital funds, commercial paper, certificates of deposit, securitised debt, money market instruments, 2 [Government securities] and unlisted securities shall also be similarly eligible for being held in dematerialised form in a depository; 3 [(c) any other security as may be specified by the Board from time to time, by way of a notification in the Official Gazette and subject to such conditions as it may deem fit to impose.] *********** 1 Inserted by the SEBI (Facilitation of Issuance of Indian Depository Receipts) (Amdt.) Regulations, 2009, w.e.f. 19-6-2009. 2 Inserted by the SEBI (Depositories and Participants) (Second Amendment) Regulations, 1998, w.e.f. 21-1-1998. 3 Inserted by the SEBI (Depositories and Participants) (Amendment) Regulations, 2004, w.e.f. 10-6-2004.