Registrars and Transfer Agents play a role to monitor the data pertinent to the activities of the investors and maintain a record of them. Investors performed the chores concerned with the mutual funds within the Registrars and Transfer Agent hands at distinct branches. Such investors perform buy and sell of the shares accompanied by the […]
Private Limited Companies Are Required To Demat Their Shares
The Ministry of Corporate Affairs issued a notification on October 27, 2023, introducing significant amendments to the Companies (Prospectus and Allotment of Securities) Rules, 2014. The regulations within the Companies Act, 2013 regarding the mandatory dematerialization of shares for private limited companies can be summarized as follows: Section 29 of the Companies Act, 2013 These […]
MCA Further Amends Companies (Prospectus and Allotment of Securities) Rules, 2014
The MCA (Ministry of Corporate Affairs) issued a notification on 27th October 2023 introducing amendments to the Companies (Prospectus and Allotment of Securities) Rules, 2014. The amendments aim to streamline public and private companies‘ issuance and management of securities. Government Notification G.S.R. 802(E).—In the exercise of the authority given by section 29 read with section […]
Dematerialised Form AIFs Units Issuance As Per SEBI India
On June 21, 2023, a circular was issued by the Securities and Exchange Board of India (SEBI). It states new regulations for issuing units of Alternative Investment Funds (AIFs) in the form of dematerialization. The action is a crucial move proposing to enhance transparency and protect investors. In the Circular, deadlines and compliance requirements for […]
RTAs Are the Cornerstone For The Mutual Fund Industry
Technology plays a stellar role in the growth and service of any industry. It can very well be justified if we take an example of a flourishing industry of mutual funds. Mutual Funds have reached the crest of success with the use of advanced technology that is largely catered and upgraded by the Registrar & […]
Fundraising via Social Stock Exchange Webinar – Register Now!
During her Union Budget speech of 2019-20, Finance Minister Nirmala Sitharaman proposed the creation of a Social Stock Exchange under the regulatory ambit of SEBI (Securities and Exchange Board of India) to enable social enterprises and voluntary organizations to raise capital through equity, debt, or units similar to a mutual fund (MF). Later, on July […]
Know How to Find Out a Duplicate Share Certificate
Share certificates issued by company are sometimes lost or misquoted by shareholders due to some unforeseen circumstances. Sometimes due to some unexpected situations, Share certificates issued by the company get lost or misplaced by the shareholders. The loss can lead to huge financial losses to shareholders as well as the company. To avoid such unnecessary […]
The Ultimate Guide for How to Sell Stock Certificates through a Transfer Agent
A stock certificate is a physical piece of paper but holds more value than a normal piece of paper as it represents the ownership of a company. They include information like an identification number, the number of shares owned, the date, a corporate seal & signatures and most of them are designed in a convoluted […]
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 handled the responsibility to operate as an authorized and most trusted RTA in Rajasthan by the Securities […]
Procedure For Change of Registrar and Transfer Agent (RTA)
The procedure to change R & T Agent for companies or mutual fund houses requires them to submit a long list of certified documents or copies to the CDSL. After receiving such documents, CDSL verified each of the received documents and ensure that they are in a prescribed order to proceed with the RTA change […]
