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Settlement of securities traded on the exchange as well as off market
transactions. |
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Shorter settlements thereby enhancing liquidity. |
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Pledging and Hypothecation of Dematerialized Securities. |
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Electronic credit in public issue. |
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Receipt of non-cash benefits in electronic form. |
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No stamp duties on transfer of securities held in demat form. |
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No concept of Market Lots. |
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Change of name, address, dividend mandate, registration of power of attorney,
transmission etc. can be effected across companies held in demat form by a
single instruction to the DP. |