SEBI Guidelines for Issue of Duplicate Share Certificates
Losing a share certificate can be stressful, especially when it represents your financial stake and ownership rights in a company. A share certificate is more than just a piece of paper; it is legal proof of ownership. Without it, investors may face hurdles in claiming dividends, transferring ownership, or exercising voting rights. With the shift toward dematerialisation, physical certificates are becoming rare, but many investors still hold them, especially for shares acquired decades ago. For these investors, the loss of a share certificate remains a serious issue. To address such concerns, the Securities and Exchange Board of India (SEBI) has laid down clear rules and regulations regarding the issuance of duplicate share certificates. These guidelines are designed to protect shareholders while preventing fraud and misuse. Investors often ask: How to recover a lost share certificate ? The answer lies in following SEBI’s framework, which ensures both security and fairness. Under...