Monday, 30 September 2019

Key Benefits of Bonus Issue of Share

What is Bonus Issue? Most companies use to pay a bonus to their employees similarly some desire to pay the bonus to their shareholders as well. However there is no limitation that they have to pay shareholders with cash only, the shares can also be used to pay bonuses. But several times besides earning a good profit the companies did not become...

Friday, 20 September 2019

Role of Registrar and Transfer Agents in Rematerializing Securities

Depositories enable individuals to convert their physical share certificates into electronic account balances and vise-versa. Remat is that facility allotted to the investor through which he/she can easily convert his/her electronic security holdings with depositories into physical share certificates. To be noted: Securities requested for rematerialization...

Thursday, 19 September 2019

Detailed Procedure for Grant or Renewal of RTA Certificate by SEBI

Registrar and Share Transfer Agent (RTA) is an organization that is designated to operate as an intermediary between investors and mutual fund houses. Registrar & Share Transfer Agent regulates all financial and non-financial processes like maintaining investor’s transaction records, processing those records for further reporting to the authorities,...

Monday, 16 September 2019

What are the Documents Required for Change of Registrar and Transfer Agent (RTA)?

A long list of certificates needs to furnished by companies or mutual fund houses to Central Depository Services Private Limited (CDSL) for their request against the change of Registrar and Share Transfer Agent. Once such documents are received by CDSL, it verifies and authenticates the same to proceed with the change request. After completion...