ntroduction An issuer should get an ISIN (International Securities Identification Number) from NSDL before issuing Debentures or Bonds in demat form. Various ISIN applications get delayed due to incomplete documents, incorrect cash flow details, or mismatches in security information. To ensure seamless approval of the ISIN application, issuers must concentrate on two areas: Step 1: […]
R&T Agent and How They Manage Their Stakeholders?
A registrar or transfer agent is a trust or similar financial institution that registers and maintains complete data records of the transactions of investors for the ease of mutual fund companies. So the primary role of the Registrar & Transfer Agent is to maintain records of investors and account balances. A registrar and transfer agent […]
Why is RTA Important For Both Investors & Fund House?
Registrar & Transfer Agent: The Registrar & Share Transfer Agent is a medium-sized entity that assumes responsibility for the back-end process for multiple transactions involving mutual funds, as well as financial & non-financial dealings. The RTA undertakes the responsibility of maintaining records for each mutual fund’s transactions of the fund house across the country via its chain of […]
Demat Account – What it is and How To Open A Demat Account Online
Shares are offered by companies incorporated in India under the Companies Act, 2013. These shares are either present in physical form or electronic form. Tangible share certificates owned by investors are physical shares with physical presence; whereas shares held in electronic form are dematerialised shares owned by investors in their Demat account. So, we can […]
Complete Process to Register With SEBI For The RTAs
What is Registrar and Share Transfer Agent (RTA)? RTA, or the Registrar and Transfer Agent, is the authorised institution responsible for maintaining complete records, transferring shares to investors, providing detailed information to mutual fund houses, and facilitating their operations. The mutual fund houses process the transactions of investors, while the registrar and share transfer agent […]
ISIN Explained: Meaning, Uses & Importance in Markets
Precisely determining the securities is important in these financial markets. In this, the ISIN (International Securities Identification Number) secures a crucial role. ISIN is a globally recognised code utilised to uniquely specify securities such as shares, bonds, debentures, and mutual funds. ISIN (International Securities Identification Number) stands for International Securities Identification Number. It is a […]
Top 7 Reason Why You Should Choose SAG RTA
SAG Infotech Private Limited, the pioneer in the taxation industry for the past 20+ years, now also works as an authorized RTA. The company holds the laurel of India’s best RTA Services provider company. The company has been entrusted with the responsibility to operate as an authorised and most trusted RTA in Rajasthan by the […]
MCA Extends Dematerialisation Deadline for Private Company Shares to June 30, 2025
The Ministry of Corporate Affairs (MCA) has officially extended the due date for the obligatory dematerialisation of securities for private companies. The updated due date has been extended to June 30, 2025, as per the updated notification issued on February 12, 2025. The same amendment changes the Companies (Prospectus and Allotment of Securities) Rules, 2014, […]
Grievance Redressal Mechanism – Revised Timeline of 21 Days
In a recent Circular dated August 29, 2023, the attention of Issuers and R&T Agents has been drawn towards a Gazette Notification dated August 16, 2023. This notification is relevant to an important amendment in the Securities & Exchange Board of India (Depositories & Participants) Regulations, 2018, which is regarding, specifically, the amendment concerning the […]
FAQs on Mandatory Demat of Securities By Private Companies
Under section 29(1A) of the Companies Act, 2013 (‘the Act’), the Ministry of Corporate Affairs (‘MCA’) is authorized to define such classes of companies that can hold or transfer the securities just in dematerialized form. Under such authority, MCA, vide notification on September 10, 2018, inserted Rule 9A in the Companies (Prospectus and Allotment of […]
