Is it possible for a private limited company shareholders hold their shares in demat format?

Is it possible for a private limited company shareholders hold their shares in demat format ?

As far as I know this is not possible.

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It is possible to hold these shares in demat form but not mandatory like public company. Check these links for further details

http://www.cdslindia.com/downloads/faq/05.demat%20cdsl%20way%20-%20v%20-%20dematerialization.pdf

http://www.caclubindia.com/forum/demat-of-shares-192869.asp#.U-HT0_mSxR8

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Thanks for the clarification Ajay.

You are welcome Karthik.

@ajay @Karthik Are the private limited shares reflected in Zerodha Kite Account OR we can only check it at CDSL website?