AXC Computers Private Limited (AXC), a Registrar and Transfer Agent (RTA), has intimated to NSDL about declaration of lock-out and suspension of work. AXC has also requested DPs not to generate any dematerialisation/rematerialisation request for all its client companies as well as not to send any documents to AXC till such time alternate arrangements are made by its client companies.
This has been communicated to the DPs vide NSDL Circular No. NSDL/PI/2003/1322 dated August 20, 2003.