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of <h1>SEBI Extends Deadline for Issuer Companies to Appoint Common Agency for Share Registry Work to March 31, 2003.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) extends the deadline for issuer companies to appoint a common agency for share registry work from February 1, 2003, to March 31, 2003. This decision follows numerous requests from various stakeholders, including Chambers of Commerce and issuer companies, seeking more time to comply and transfer records. Companies must submit a compliance certificate by April 7, 2003, to relevant stock exchanges and depositories. SEBI emphasizes that this extension is a one-time measure, and non-compliance will result in penalties under applicable laws and regulations.
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