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of <h1>SEBI Expands ECS Refund Facility to 68 Centers for Public and Rights Issues in Collaboration with RBI.</h1> The Securities and Exchange Board of India (SEBI) has extended the facility for refunds through Electronic Clearing Service (ECS) in public and rights issues to 68 centers, in collaboration with the Reserve Bank of India (RBI). This expansion builds on a previous circular from January 20, 2006, which initially enabled ECS refunds at 15 centers managed by RBI. Registrars to the issue are instructed to adhere to the guidelines from the earlier circular. The updated list of centers is provided in Annexure I, and the circular is effective immediately.
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