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of <h1>SEBI Cuts Share and Debt Transfer Registration Time from One Month to 15 Days Effective October 1, 2012.</h1> The Securities and Exchange Board of India (SEBI) has revised the timeline for registering the transfer of equity shares and debt securities, reducing it from one month to 15 days. This decision, made in consultation with the Registrars Association of India and other market participants, aims to expedite the transfer process for investors. All recognized stock exchanges and SEBI-registered registrars and share transfer agents must amend relevant clauses in listing agreements to reflect this change and ensure compliance. This modification, effective from October 1, 2012, also includes provisions for compensation for delays.
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