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What is dematerialisation (demat of shares) of shares
The dematerialisation (demat of shares) idea was developed in the Indian Financial Market to alleviate the hazards associated with share trading in paper format.

 

The dematerialisation (demat of shares) idea was developed in the Indian Financial Market to alleviate the hazards associated with share trading in paper format. Dematerialisation demat of shares, or Demat, is the process by which an investor's physical share certificate is transformed to an electronic format and stored in a Depository Participant account.

 

https://muds.co.in/a-laymans-guide-to-transferring-physical-shares-into-demat-account/