Are shares of Hero Honda Motors Limited required to be traded compulsorily in demat form? Can a Shareholder hold the shares in physical form?
Yes. The shares of Hero Honda Motors Limited are to be compulsorily traded in demat form. However, one can still hold the shares in physical form. How do holders of shares in electronic form get their dividends? Will a Shareholder get the Annual Report after he gets his shares converted in Demat form and would he be able to attend the AGM of Hero Honda Motors Limited? The Depository Participants will give the list of demat account holders and the number of shares held by them in electronic form on the Book Closure date or Record date to Hero Honda Motors Limited (known as Benpos). After the necessary approval and on the basis of Benpos, the Company will issue dividend warrants in favour of the demat account holders.
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