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<h1>Issuer Companies Must Consolidate Share Registry by Feb 1, 2003, to Streamline Processes and Protect Investors.</h1> The circular issued by the Depository and Custodial Division mandates that issuer companies consolidate their share registry work, both physical and electronic, to a single point of contact. This can be managed either internally by the company or through a SEBI-registered Registrar and Transfer (R&T) Agent. The directive aims to prevent delays in dematerialization and issues with shareholding reconciliation caused by coordination problems between different agencies. Companies are required to implement this change by February 1, 2003, to better protect investor interests.