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 […]
Download and File Form for Confirmation of Signature of the shareholder by the Banker
(Confirmation of Signature of the shareholder by the Banker with their official rubber stamp, giving the full address of the bank and the employee code number of the official signing this form.) This form is intended to be used by the banker to confirm the signature of a particular shareholder, as given in their database, […]
Procedure for Investors Service Request for Transmission of Securities
The operational rules for the processing of the investor service requests towards the transmission of the securities are mentioned as: The RTA/Issuer Companies shall use the format for
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 […]
Request Letter for Change of Name
Filing an Official Request with Registrar and Transfer Agent for Change of Name in Investment Folio. A shareholder who wishes to change their name in their investment portfolio must file a formal request with the concerned RTA (Registrar & Transfer Agent) appointed by the Company. The application for the same must be filled in the […]
Duplicate Securities: Importance of Affidavit-cum-Indemnity
Investors commonly encounter issues such as loss, theft, or damage to physical securities, such as share certificates. In these situations, companies and Registrar & Transfer Agents (RTAs) permit the issuance of duplicate securities, provided the investor meets specific procedural and legal requirements. One of the most important documents in this process is the Affidavit and […]
Registrar Transfer Agent Benefits To Mutual Fund House
If you are involved in the trading of shares or mutual funds, you must have often heard about registrar and transfer agent (R&T Agents). These are individuals who handle a lot of back-end tasks, mostly related to the processing and management of shares and mutual fund units on behalf of the clients. R&T agents are […]
Process To Remate The Security Holding Under RTA Services
Remat is the method of converting security holdings into a tangible form, with the reissue of a share certificate. A client can rematerialise his bonds and shares in demat form into physical form at any time; however, the securities sent for rematerialisation cannot be traded. By-Law 9.4: Rematerialisation and Business Rule 11.2: Rematerialisation of securities […]
What is the Procedure To Convert Physical Shares into The Demat Form?
In recent times, the Securities and Exchange Board of India (SEBI) has advocated the transfer of physical share certificates to digital format to make the settlement process much faster, easier, and hassle-free for traders. SEBI has also urged the shareholders to transform their physical share certificates into electronic form to eliminate the fraud that is […]
Dematerialised Form AIFs Units Issuance As Per SEBI India
On June 21, 2023, the Securities and Exchange Board of India (SEBI) issued a circular. It states new regulations for issuing units of Alternative Investment Funds (AIFs) in the form of dematerialisation. The action is a crucial move proposing to enhance transparency and protect investors. In the Circular, deadlines and compliance requirements for these modifications […]
