Registrars to an Issue and Share Transfer Agents must maintain prescribed financial and issue records and notify the regulator of their location. Registrars to an Issue and Share Transfer Agents must maintain copies of balance sheets, profit and loss accounts, auditor's reports and quarterly statements of net worth, keep detailed records of issue applications, allotments, refunds and transfer registers, and notify the Board of the location of such books; annual financial documents must be furnished to the Board on request within six months after year end.