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Nearly Rs 4 trillion of shares still held in physical form, shows analysis
The regulator may have a heavy task at hand with its recent attempts to phase out physical share certificates. While most trading happens in demat form, physical shares account for a significant chunk of holdings by value. A Business Standard analysis of the latest shareholding patterns of 3448 listed companies show that as much as Rs3.91 trillion worth of shares are still held in physical form. A total of 3282 companies had some physical shares as of September 2018.
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