The people in today’s fast-paced world are very busy. Many people are interested in making investments in a scheme that will be profitable for them but they do not have sufficient information about different investment plans. Moreover, many individuals don’t even have the time to go through the trouble of finding and researching about various plans and complete the paperwork that comes with these plans. Many individuals do not have the information about different kinds of plans, mutual funds, shares, debentures, etc. which have their own catches. This is where the Registrar & Share Transfer Agent comes in.
The RTA has all the information related to different schemes. The RTA can easily help you suggest the perfect scheme according to desired returns and requirements of the clients. The RTA (Registrar and Transfer Agent) will also complete all the back end work on the behalf of the client. The RTA has its branches in different cities across the country so the client will not have to visit any specific city for the completion of the paperwork if he invests in some other state.
The RTA handles all the work related to the securities charging a minimal fee from their clients. The corporate bodies can also hire the RTA if they deal in securities regularly and need someone to complete the paperwork related to the investment schemes. Registrar and Share Transfer Agent can also maintain records for such companies. The RTA will issue and cancel certificates on behalf of the companies and will act as an intermediary.
Functions of the Registrar and Transfer Agent (RTA)
- Transfer and Transmission of Securities
- Record Keeping
- Endorsement of Certificatesx
- Consolidation of Certificates
- Dispatch of Securities Certificates to the Investors
- Cancellation of Names
- Providing Suggestions to the Investors
- Executing Other Back-end Services
Provisions of Securities and Exchange Board of India (SEBI) Listing Obligations And Disclosure Requirements Regulations, 2015
- Appointment of Share Registrar Agent (Share Transfer Agent) or In-House Facility
- If the Entity has Less than One Lakh Shareholders
Such an entity is required to hire a Share Registrar Agent or employ in-house facilities.
- If the Entity has More than One Lakh Shareholders
Such an entity is required to hire a Share Registrar Agent or register with SEBI as Category II Share Registrar Agent
- Compliance Certificate to the Board
The company is required to submit a compliance certificate to the board if required along with the signatures of the compliance officer and the representative of Share Registrar Agent if applicable. It should be submitted with the board within one month of the each half end of the Financial Year.
- Appointment or Change of RTA
If the entity changes of the Registrar Transfer Agent under any circumstances, then it is required to get an agreement signed by the new Share Registrar & Transfer Agent, previous Share Registrar Agent and the entity itself regarding the changes and if the entity employs in-house facilities then it is required to get an agreement signed from the new and previous Share Transfer Agent about the change.
The agreement is required to be presented to the Board of Directors in the next board meeting. The entity is also required to imitate SEBI regarding the changes.
The compliance provisions detailed above are not required to be followed by the Mutual Funds listed under a registered stock exchange.
If you or your company is looking for a Registrar and Transfer Agent then you should contact the Rajasthan’s 1st company, SAG RTA. The company is one of the leading RTA service provider company in the country, having years of experience providing all the RTA Services one can ask for in the country and abroad. SAG RTA is a one-stop solution for all the investment needs of the individual and the company. Don’t hesitate, call us on 0141-4727374 or mail us at info@sagrta.com to avail the benefits of best RTA.
Registrar and Transfer Agent for Unlisted Companies 
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