Master Circular for Registrars to an Issue and Share Transfer Agents · HO/38/13/(4)2026-MIRSD-POD/I/4298/2026

What changed

This Master Circular consolidates SEBI regulatory requirements for Registrars to an Issue and Share Transfer Agents (RTAs). It mandates that all RTAs register with SEBI and use the SEBI Intermediary Portal for all filings. RTAs must appoint a compliance officer and maintain records for eight years. Qualified RTAs (QRTAs) must submit enhanced quarterly reports within 60 days of the quarter end. RTAs must conduct annual internal audits by independent professionals. Security holders must provide PAN, KYC, and nomination details to RTAs. RTAs shall not process service requests until these details are received. The circular also defines frameworks for risk management, business continuity, and investor grievance redressal. Non-compliance constitutes a violation of the Code of Conduct.