Transfer Agents under SEBI Regulations?
Registrars or transfer agents are trusts or institutions that register and maintain a complete record of investor transactions for the advantage and convenience of Mutual Funds houses and listed businesses.
When we talk about investor transactions, we’re talking about things like buying, changing personal data, exchanging emails, and other things that happen all the time and need to be kept track of.
The registrar or transfer agents’ skill in preserving such data on a professional basis helps to cost savings and, in particular, the time spent maintaining investor transaction records.
They also give investors with all of the information they need about new offerings and maturity dates in one convenient location. Karvy is one of the well-known RTAs.Management services for the computer age, for example.
The board regulates the provisions of RTAs by issuing rules, such as the Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agent) Regulations,1993.
As a result, registering with SEBI is the most important criterion for the application.
all information about Registrar and Share Transfer Agent Registration