- Yes, jointly held physical shares can be dematerialized into a joint demat account under the names of the joint shareholders.
- To dematerialize jointly held shares, the names on the joint demat account must be in the same sequence as on the share certificates.
- If the order of names of the joint shareholders on the share certificate is not the same as those on the joint demat account, you will need to submit a transposition form and the necessary documents for dematerialization.
- For information on how to open a joint demat account, please refer to the guide "How to open a joint demat account at Jainam."
Related facts: - Jointly held physical shares cannot be dematerialized into a single holder demat account.
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