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of <h1>SEBI Clarifies QRTA Classification: RTAs with Over 2 Crore Folios Annually to Comply with New Standards.</h1> The Securities and Exchange Board of India (SEBI) issued a circular clarifying the categorization and responsibilities of Qualified Registrars to an Issue and Share Transfer Agents (QRTAs). An RTA is classified as a QRTA if it services over 2 crore folios in a financial year. Once categorized, the RTA remains a QRTA for three financial years, regardless of any decrease in folios. Newly categorized QRTAs have 60 days to comply with enhanced requirements. This circular, effective immediately, is issued under SEBI's authority to protect investors and regulate the securities market.
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