Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
The company’s statutory list of who owns its shares, maintained through its registrar; dematerialised shares appear in it in the depository’s name.
The entry is the ownership and the certificate is only evidence of it. Losing the paper does not lose the shares, and holding the paper does not let you sell them.
The firm a company appoints to maintain its register of members and to process folio-level requests — dividends, transmission, dematerialisation and corporate action entitlements.
For anything held in physical form this is your counterparty, not your broker. A handful of these firms maintain the registers of most listed Indian companies.