Schedule V - Application for grant of certificate of registration as an ESG Rating Provider

ESG rating provider registration requires comprehensive application, eligibility proofs, infrastructure disclosure and liquid net worth compliance and obligations.

Application for registration as an ESG rating provider requires submission of a complete Form A with supporting documents, original signatures and prescribed fee; disclosure of corporate structure, promoters, business plan with breakeven, projected revenue and client volumes, liquid net worth with Chartered Accountant certification, audited accounts for three years, particulars of directors and key personnel, infrastructure and major shareholders, litigation and prior regulatory dealings; and declarations by two directors. On compliance, a Certificate of Registration (Form B) is issued specifying provider category and registration code, valid until suspension or cancellation.