We are very enthusiastic to partner with SME, a highly-respected and leading organization on additive manufacturing and 3D printing," said Diana Schnabel, CEO/President of DEMAT
Ltd, with Rs1,300 crore in assets, said the demat
process will help exchange platforms.
However, the problems arise not so much due to the demat
process per se, which is quite simple.
Eberhard Doring, director of DEMAT
, said, "We are pleased to have the opportunity to bring the EuroMold experience to the North American market, as we recognize the global footprint of an increasing number of companies.
At present, the demat
account is for equities and certain kinds of mutual funds and exchange-traded funds.
requirement: One of the key requirements for availing of tax benefits under the scheme is that the investment has to be in demat
The firm said that it would offer demat
insurance for about nine million customers.
This means the investor has to go to another intermediary (DP) for opening a demat
account and go through the long procedure to comply with the know-your-customer, or KYC, norms.
With regard to Roy and three other directors, Vandana Bhargava, Ravi Shanker Dubey and Ashok Roy Choudhary, Sebi ordered freezing of all bank and demat
accounts of these four persons.
Irda may first mandate that all plans sold electronically be held in demat
The accounts will carry bundled demat
and share trading accounts.
Holding mutual fund units in demat
form involves costs and offers little benefit