Share Transfer Agents News Today

Corporate Information Board of Directors S. N. Subrahmanyan ...

08th April, 2024 ...

April 8, 2024 ...

April 05, 2024 ...

"Based on representations received from the Registrars Association of India, feedback from investors, and to mitigate unintended challenges on account of freezing of folios and referring frozen folios to the administering authority under the Benami Transactions (Prohibitions) Act, 1988 and/or Prevention of Money Laundering Act, 2002, it has been decided to do away with the above provisions," Sebi said.

The Securities and Exchange Board of India (Sebi) on Friday scrapped its earlier order that provided for freezing of folios of holders of physical securities without PAN, KYC details and nomination.The order will come into force with immediate ...

The folios wherein any one of such documents are not available on or after October 1, 2023, is required to be frozen by the Registrars to an Issue and Share Transfer Agents (RTA), Sebi said in May

Sebi decides to do away with the provision of requiring the freezing of folios without PAN, KYC details and nomination for all holders of physical securities

Amending the circular issued in May, Sebi said that reference to the term freezing/ frozen has been deleted.

It is a Depository Participant and a registered Registrar and Transfer Agent