Demat 24 May 2026 9,144

Can a depository account be opened in ProStocks with four holder's names?

Yes, a depository account can be opened in ProStocks with names of four holders but the account can be operated only for dematerialization of shares held in the same combination. No shares can be credited by purchase or transferred from any other account. Hence the standing instruction for credits will be 'N' for such accounts.