• To dematerialize jointly held physical shares, the names on both the joint demat account and share certificate must be in the same sequence. If the sequence is different, a transposition form must be submitted to change the order of names on the share certificate.

Example:

• Mr. Ashish and Mr.Ashu are joint shareholders of IDFC physical shares with a joint demat account.
• Names on the shares certificate are Mr. Ashish and Mr.Ashu, where Mr. Ashish is the first shareholder, and Mrs, and Ashu is the second.
• The names in the jointly held demat account are Mrs. Ashu and Mr. Ashish, where Mrs. Ashu is the first holder and Mr. Ashish is second holder.
• To Dematerilisation IDFC shares, they must submit the transposition form, which is to be signed in the order of the names in the Demat account. The form must be first by Mrs. Ashu and Mr.Ashish next.

• The documents required to transpose and Dematerialization the physical share certificates are:
  
• "Registered Folios (RFs) are sufficient for up to 7 share certificates of the same company. If you have more than 7 certificates, an extra DRF has to be submitted. Make sure to submit the original share certificates along with the DRFs. Before sending them, make a copy of the physical share certificates for your personal reference. Also, include a self-attested copy of your Aadhar and PAN."
• Sign the transposition form in the same order as the names on the joint demat account. For the DRF, Sign in the order of the names on the share certificates.
• Signatures are required in the "Signature with DP" (Jainam's record) and "Signature with RTA" fields.

• Courier it on:

Jainam Broking Limited
Jainam House,
New Passport Office Road,
Kargil Chowk,
Piplod, Surat-395007,
Gujarat.

• The RTA can take up to 21 days to complete the dematerialization process.