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<h1>SEBI Details Registration Process for Registrars and Transfer Agents, Certificate Issuance Tied to Regulation 12 Fee Payment</h1> The Securities and Exchange Board of India (SEBI) outlines the process for granting a certificate of registration to registrars to an issue and share transfer agents. Upon determining eligibility, SEBI notifies the applicant of their eligible category and issues a certificate in Form B. This certificate remains valid unless suspended or canceled by SEBI. Registrars who received a certificate before the 2016 amendments are deemed registered under the current regulations. The issuance of the certificate is contingent upon the payment of fees as specified in regulation 12.