What are Registrar and Transfer agents (RTA)?
Registrar and Transfer Agents (RTA) are SEBI-registered entities that provide services related to share registry maintenance and share transfer activities on behalf of companies that have issued shares to the public. The functions of the RTAs are as follows:
- Collecting the applications from investors in respect of any issue.
- Keeping a proper record of the applications and money from investors or paid to the seller of the securities.
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Assisting the corporate body:
a) To determine the basis of allotment of securities in consultation with the stock exchange.
b) Finalising the list of persons entitled to the allotment.
c) Processing and dispatching the allotment letters, refund orders or certificates, and other related documents regarding an issue.
The details of the RTA’s of a company can be found on NSE and BSE.
NSE
- Visit nseindia.com.
- Search for the company.
- Click on Corporate information.
- Click on Company Directory and then Transfer Agent Details.
BSE
- Visit bseindia.com.
- Search for the company.
- Click on Corp Information and scroll down to find the registrar's details.
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