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how do you convert old share certificates into an electronic form through a cds account you must open a cds account an electronic account like a bank account that holds shares only and have the shares deposited into your account otherwise you will not be able to trade in those shares the process is called a mobilization of shares to immobilize your shares follow the following steps one open a cds account visit any licensed stock broker or investment bank or custodian even the one through whom you bought the shares that are still in certificate form you will need your original identification documents that is id or passport two passport size photographs and the original and copies of the share certificates to enable you open a cds account no money is required to open an account step 2 present share certificates to your stock broker or investment bank where you have opened a cds account step 3 fill in and sign security deposit form cds 2 which the stock broker or the investment bank will