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Rajasthan's 1st Registrar & Share Transfer Agent

SAG RTA is Rajasthan's first RTA services provider and it is achieving daily new achievement in the field of the registrar and transfer agent. SAG RTA is a Registrar and Share Transfer Agent authorized by the Securities and Exchange Board of India (SEBI) and It provides all services that meet the diverse needs of investors. Its full-service portfolio includes dividend payments through ECS transfers, dematerialization of securities through CDSL/NSDL depositories, and more.

SAG Infotech laid a solid foundation in the taxation industry two decades ago and gained success with its innovative software invented specifically for the tax industry, individual business entities, chartered accountant, and company secretary professionals.

SAG RTA is Rajasthan’s 1st RTA Agent that assures you to provide the best share registrar services with its dedication, innovative approach, supported by the world-class infrastructure, trained and skilled professionals. With SAG RTA you do not have to wander here and there for various services and issues as the company and services are supported by good infrastructure and day-to-day customer service by trained staff.

As SAG RTA is Rajasthan 1st RTA Agent and newly established share & registrar transfer agent, the company is providing services in the best possible way and making every effort, and offering fast, trustable and customized solutions to valuable clients along with the back end corporate process for the mutual fund businesses.

SAG RTA Services

The Company is dedicated to providing nationally recognized RTA services to its clients and is proudly capable to transfer securities on the demand of investors while managing the complete record of the transactions. SAG RTA is capable of taking care of all the responsibilities on behalf of investors which includes meetings, mailings, and reporting activities, as well as regulatory reporting to authorized authorities every time whenever it needs to be furnished. The SEBI Authorized Agent for Registrar and Transfer of Shares also deals with all IEPF Claims while managing all the basic RTA services including Change of Name, Deletion of Name, Transposition, Transmission, Change of Client Signature, and Address of Investors apart from.

Registrar Shares Issuer and Transfer Agent FAQs

According to the Securities and Exchange Board of India (SEBI)’s latest notification w.r.t the transfer and conversion of physical shares, a shareholder can not transfer his shares & securities held in physical mode post-April 1, 2019.

SAG RTA manages the ISIN generation, dematerialization and all further securities related activities which is mandatory for all the unlisted public companies in order to file the Reconciliation and Share Capital Audit Report in Form PAS-6 introduced by the MCA.


However, the possession of physical shares has not yet prohibited by SEBI but to transfer them, they first need to be converted in electronic mode. This implies the mandatory requirement of the dematerialisation of physical shares and holding them in the online Demat account.

An RTA (Registrar and Transfer Agent) is the Issuer’s agent. Issuer is the Company who opts for dematerialization. It acts as an intermediary between the issuer and the depository for facilitating the services like Dematerialisation, Rematerialisation, Initial Public Offers and Corporate Actions.
In order for Companies to be able to issue securities or shares in dematerialized form, they must appoint a SEBI approved Registrar and Share Transfer Agent (RTA) which has direct/online access to depositories. The RTA acts as a direct point of contact between the security Issuer and depositories, and manages the transactions of users with the depositories.
By the changes in the statutes, the government has mandated the appointment of RTA for Listed as well as Public Companies. Private Companies are also going to fall in its ambit pretty soon. RTA’s are necessary to carry on any type of corporate actions including Right Issue, Bonus Issue, Preferential Allotment, Transfer of shares, ESOP etc.

Dematerialisation of shares refers to the process of conversion of shares from physical mode to electronic format. Such dematerialised shares are maintained in an account known as Demat Account. Demat accounts are regulated by two major depositories - the National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).
Unlike physical shares, dematerialised shares are free from perils of loss, theft and damage and that is why one should convert their physical shares certificates into Demat shares. This will let you adhere to the SEBI rules, upgrade you to today's digital scenario and make you future ready for the online transfer of shares.
The procedure of shares dematerialisation starts with the opening of Demat Account and proceeds with the submission of all the physical share certificates which further get credited in your Demat account.
Let's understand the process of dematerialisation step-by-step.
Steps for dematerialisation of shares

Step 1. Get a Demat Account opened in your name & account number with a Depository Participant (DP) i.e. an agent between depository and the shareholder.

Step 2. Submit Demat Request Form (DRF) along with all your physical share certificates, you want to get dematerialised, to the DP whose depository services you have availed.

Step 3. DP will deface the shares by writing “SURRENDERED FOR DEMATERIALISATION” on the shares certificates

Note: Separate DRFs are used for shares & securities of different companies.

Step 4. Execute a format embedded Affidavit on non-judicial stamp paper of Rs.100/-, to register the change in the signature if needed.

Step 5. Submit the shareholder or shareholders’ signature duly attested by the bank manager together with the same bank account’ original cancelled cheque leaf.

Note: The attestation should have employee code of the person acknowledging the signature along with the bank seal.

Step 6. Submit a self-attested copy of the registered shareholder/s’ PAN card.

Step 7. Receive an acknowledge slip from DP who issues it after verifying all the details of DRF.

Step 8. Ensure that shares are credited to your Demat Account.

If the address registered with your DP is different from the address available with the Company/RTA, you are requested to submit address proof for both the addresses.

Note: Documents cited in the above-mentioned 4, 5 & 6th points are required only when the current signature varies from the specimen signature in the records.

In case of an address change, address proof for both addresses needs to be submitted.

Registration of Nomination
Nomination refers to the appointment of a person to take care of one’s investments on the death of the investments/ account holder or shareholder. In the event of the death of Demat account holder, his existing joint holder/s, nominee or legal heir has to approach the Depository Participant (DP) with the requisite documents along with duly filled transmission from for securities’ transmission. However, if the shares are held in physical format, the nominee needs to approach each company.
A Demat account holder appoints a nominee to take care of his securities after his death by registering his name & filing a nomination form. The procedure for registration of nomination is:
Step 1. Duly fill all the fields of Nomination form (SH-13 form).

Step 2. Submit the shareholder or shareholders’ signature duly attested by the bank manager together with the same bank account’ original cancelled cheque leaf.

Note: The attestation should have employee code of the person acknowledging the signature along with the bank seal.

Step 3. Execute a format embedded Affidavit on non-judicial stamp paper of Rs.100/-, to register the change in the signature if needed.

Step 4. Submit the shareholder or shareholders’ signature duly attested by the bank manager together with the same bank account’ original cancelled cheque leaf. It should be taken care of that the attestation should have employee code of the person acknowledging the signature along with the bank seal.

Note:. Documents cited in the above-mentioned 2nd, 3rd & 4th points are required only when the current signature varies from the specimen signature in the records. For the nomination of dematerialised securities, kindly contact your depository participant.

Form PAS-6 is introduced by the MCA for unlisted public companies to submit the Reconciliation of Share Capital Audit Report provided under sub-rule (8) and (8A) of rule 9A Companies (Prospectus and Allotment of Securities) Rules, 2014. It shall be submitted by the unlisted public company on a half-yearly basis to the Registrar under whose jurisdiction the registered office of the company is situated within sixty days from the conclusion of each half year duly certified by a company secretary in practice or chartered accountant in practice. The company shall also immediately bring to the notice of the depositories any difference observed in its issued capital and the capital held in dematerialised form.

A holder of securities can make application for changing his/her registered signature or for giving a new signature when the registered signature is not available.
The application for the same has to be filed in an affidavit form via official Registrar & Transfer Agent (RTA) of the company. The affidavit has 9 parts under which various details have to be furnished. The 9 parts include the following:

  • Folio Details
  • Address Declaration
  • Share Declaration
  • Old Signature Cancellation
  • New Signature Validation
  • Affirmation of Non-Liability of Company
  • Affirms for Transfer Deeds
  • Identity & Address Proof
  • Verification

Address mentioned can be changed using a form - Request for Change of Signature accompanied with advocating documents. The documents and request form must be sent to the official RTA (Registrar & Share Transfer Agent) of the company.
Details to be furnished in the application for signature change are as follows:

  • Unit
  • Folio No.
  • Name of the Company
  • Name and signature of shareholder
  • Date & Place
  • Old address
  • New address
  • Address Proof of New address
  • Copy of Address proof of New address

The applicant needs to submit the address proof of the new address and the application shall be sent to the RTA of the respective company along with the address proof copy. Latest phone bill of landline phone, latest electricity bill, Voter ID, Passport, Driving License or Bank Passbook having new address can be used as address proof.

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ABOUT US

WHO WE ARE

We at SAG Infotech, continuously delivering the best of tax solutions to the professionals and taxpayers since 2 decades.

Keeping in mind the requirement of tax software at every step by the tax professionals made us offer some of the flagship products such as Genius, Gen GST, Gen CompLaw and many more.

In our endeavour to keep going, here we present the best in segment Registrar and Share Transfer Agent Services to the issuers.