Share certificates issued by the 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 […]
Demat Account – What it is and How To Open A Demat Account Online
Shares are offered by the companies of India incorporated under the Companies Act, 2013. These shares are either present in physical form or electronic form. Tangible share certificates owned by the investors are physical shares having a physical presence; whereas, shares present in electronic form are dematerialised shares owned by investors in their Demat account. […]
What are Documents Required for Transmission of Securities
TRANSMISSION OF SECURITIES:- ‘Transmission of Securities’ refers to the process of transferring the ownership of certain securities from the current owner to another person (legal heirs, nominee, joint holder, etc.) in case of death or lunacy of the current owner, or through inheritance or insolvency. Announcement:- As per the SEBI Circular dated May 18, 2022, […]
A Simple Guide for Lost Physical Shares Back into a Demat Account
Here in this article, we provide an exhaustive guide to retrieving lost physical shares and transferring them to a Demat Account. View more details about physical shares & transferring read this article.
Transmission of Security Guidelines in Joint Demat Accounts i.e. Name Deletion
The NSDL has provided the uidelines for removing deceased holders’ names from joint demat accounts. Surviving holders must submit a specific request with the death certificate within a year of demise. If not, a new account will be opened. The guidelines detail the process for account holder succession, address updates, and verification procedures. The circular […]
Registrar and Transfer Agent – Everything You Need To Know
For the purpose of giving security and convenience for every kind of Registrar and Transfer Agent works for firms, mutual fund investors, and fund houses. The mediator is engaged in maintaining the informative transaction records of the investors for them. Multiple information like investors’ transitions to buy, sell, or exchange of the securities, corporate actions […]
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 […]
Procedure for Investors Service Request for Transmission of Securities
The operational rules for the processing of the investor service requests towards the intention of the transmission of the securities are mentioned as:
Comprehensive Solution for Dematerialization of Equity Shares
SAG Infotech is Rajasthan’s first Registrar & Share Transfer Agent which is now offering professional RTA services to all types of security issuers and companies, in accordance with the notification issued by the MCA in September 2018, making it compulsory for all Unlisted Public Companies to issue shares/securities only in dematerialization form. We deal in […]
Details of Complete Form- MGT 7 Annual Return (New Rules)
On March 5, 2021, the MCA (Ministry of Corporate Affairs) issued a Notification via Companies (Management and Administration) Amendment Rules, 2021, Chapter VII of the Companies Act, 2013. The aforesaid rules shall be effective from March 05, 2021, i.e. the same date. In this notification, Rule 11 has been amended i.e. Annual Return in rule 11 […]
