Rematerialization is the process of converting securities held in electronic form in a demat account into paper form i.e. physical certificates. An investor who wishes to rematerialize balance in his demat account has to fill up a Remat Request Form (RRF). If the BO has multiple ISINs in his demat account and wishes to rematerialize all balances then a separate RRF should be submitted for each ISIN. The RRF should be signed by all the account holders. In case there is power of attorney (POA) then it has to be signed by them. Completely filled RRF should be submitted to your DP. The investor may specify on the RRF whether all the quantity of an ISIN to be included in only one certificate (Jumbo Lot) or a number of shares per certificate.
The DP will then verify the details on the RRF form and enter the same in the NSDL / CDSL system. The system generated Remat Request Number (RRN) is written on the RRF and it is sent to the Issuer / RTA. That depends on whether the company has outsourced its shareholder registry to an RTA or is doing it in-house. The Issuer / RTA verify the remat request and confirm the same to NSDL / CDSL. Then NSDL / CDSL will debit the securities in the BOs demat account to the extent of quantity rematerialized. After that is done and the Depository confirms to the RTA, fresh physical securities will be issued to the investor. Normally, there is not much value in remat since 99.9% of the trading actually takes place in demat form only