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of <h1>SEBI Regulation 7: Rules for appointing registrars and managing share transfer facilities for listed entities explained</h1> Regulation 7 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 mandates that every listed entity must either appoint a SEBI-registered registrar to an issue and share transfer agent or manage the share transfer facility in-house. If in-house management is used and the number of security holders exceeds one lakh, the entity must register as such registrar or appoint a SEBI-registered registrar. All share transfer-related activities must be handled either in-house or by a registered registrar. On any change or appointment of a new registrar, a tripartite agreement (or bipartite where earlier function was in-house) must be executed and intimated to stock exchanges within seven days, and placed before the board. Units of listed mutual funds are exempt.
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