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Akhil jain (Website Design And development)     11 October 2019

What is the meaning of registrar and share transfer agent (r

What is the meaning of Registrar and share Transfer Agent (RTA)?

 

 



Learning

 2 Replies

Bhaskar Goyal   11 October 2019

RTA is the Registrar and Share Transfer Agent.

Registrar and Transfer Agent (RTA) is a SEBI-authorised trust or financial entity that has been assigned the role of maintaining the detail records of day to day investors transactions at mutual fund houses or other financial institutions. R&T agents are recruited by mutual fund houses to assist them in professional record-keeping of investor daily transactions like buying or selling of share units, name change, etc. as they lack such expertise in most cases. 

Also, it helps mutual fund houses to focus on their core business function, i.e., asset management, and avoid the hassle of maintaining accurate investors records. From shareholders or mutual fund investor’s perspective, the R&T Agent serves as a single-window solution for the. All their RTA -related needs of investors are taken care of by the expert Registrar and Share Transfer Agent like SAG RTA. RTA is also responsible for delivering registrar & transfer agent services like security dematerialization/rematerialization via (NSDL/CDSL), share certificate transfer, IEPF Claim settlement and much more.

Dr. MPS RAMANI Ph.D.[Tech.] (Scientist/Engineer)     11 October 2019

Besides mutual funds RTA's are appointed by companies also to handle work of transfer of shares, payment of divdend to share-holders etc.


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