| Registrar and Transfer Agents (RTA) play a crucial role in managing share-related activities for publicly issued companies. Here’s a breakdown of their functions: |
| Application Handling: |
| RTAs collect applications from investors for various share issues. |
| Record Keeping: |
| They maintain accurate records of applications and funds received from investors or paid to sellers of securities. |
| Corporate Assistance: |
| RTAs assist the corporate body in: |
| a. Determining the basis of allotment of securities in consultation with the stock exchange. |
| b. Finalizing the list of individuals entitled to the allotment. |
| c. Processing and dispatching allotment letters, refund orders, certificates, and other relevant documents related to an issue. |
| Details on NSE and BSE: |
| Information about a company’s RTAs is available on both NSE and BSE platforms. |
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