Share Transfer Agent.
7. (1) The listed entity shall a share transfer agent or manage the share transfer facility in-house:
Provided that, in the case of in-house share transfer facility, as and when the total number of holders of securities of the listed entity exceeds one lakh, the listed entity shall either register with the Board as a Category II share transfer agent or appoint Registrar to an issue and share transfer agent registered with the Board.
(2) The listed entity shall ensure that all activities in relation to share transfer facility are maintained either in house or by Registrar to an issue and share transfer agent registered with the Board.
(3) The listed entity shall submit a compliance certificate to the exchange, duly signed by both the compliance officer of the listed entity and the authorised representative of the share transfer agent, wherever applicable, within of end of the financial year, certifying compliance with the requirements of sub- regulation (2).
(4) In case of any change or appointment of a new share transfer agent, the listed entity shall enter into a between the existing share transfer agent, the new share transfer agent and the listed entity, in the manner as specified by the Board from time to time:
Provided that in case the existing share transfer facility is managed in-house, the agreement referred above shall be entered into between the listed entity and the new share transfer agent.
(5) The listed entity shall intimate such appointment, referred to in sub-regulation (4), to the stock exchange(s) within seven days of entering into the agreement.
(6) The agreement referred to in sub-regulation (4) shall be placed in the subsequent meeting of the board of directors:
Provided that the requirements of this regulation shall not be applicable to the units issued by mutual funds that are listed on recognised stock exchange(s).
- Extension vide SEBI Circular dated 26.03.2020 provided for implementation of circular on non-compliance with certain provisions of the SEBI LODR and the Standard Operating Procedure for suspension and revocation of trading of specified securities dated 22.01.2020. The revised implementation date is for compliance periods ending on or after June 30, 2020 from earlier date of March 31, 2020. To view the circular, Click Here.
- Refer SEBI Circular on non-compliance with certain provisions of the SEBI LODR and the Standard Operating Procedure for suspension and revocation of trading of specified securities dated 22.01.2020 to be implemented for compliance periods ending on or after March 31, 2020. To view the circular Click Here
- Refer circular dated 23.03.2020 in continuation to circular dated 19.03.2020 mentioned here under for relaxation of certain timelines. To view to continuation circular, Click Here.
- Relaxation w.r.t. the quarter / financial year ending March 31, 2020 provided vide SEBI Circular dated 19.03.2020. The due date for quarter / financial year ending March 31, 2020 shall be May 31, 2020. To view the circular, Click Here.
- Refer BSE Circular dated 01.06.2023 and NSE Circular dated 26.05.2023 regarding Model Tripartite Agreement between the Issuer Company, Existing Share Transfer Agent and New Share Transfer Agent as per regulation 7(4) of SEBI (LODR) Regulation, 2015. To view the BSE Circular, Click here and for NSE circular, Click here.
- Refer SEBI Circular dated 25.05.2023 regarding Model Tripartite Agreement between the Issuer Company, Existing Share Transfer Agent and New Share Transfer Agent. To view the circular, Click here.
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2018