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What precautions should I take before defacing a share certificate?
 Before defacing the share certificate, you must ensure that it is available for dematerialisation. You must therefore check with your Depository Participant (DP) whether the ISIN (code number for the security in a depository system) has been activated and made available for dematerialisation by the depository. If yes, then you may deface the share certificate. The certificates are defaced by marking “Surrendered for Dematerialisation” on the face of the certificate.


 
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