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of <h1>SEBI Enforces Rules for Registrars and Share Transfer Agents; Certification Required for Compliance with 1993 Regulations.</h1> The Securities and Exchange Board of India (SEBI) issued the Registrars to an Issue and Share Transfer Agents Rules, 1993, under the powers of the Securities and Exchange Board of India Act, 1992. These rules define key terms such as 'registrar to an issue' and 'share transfer agent' and stipulate that no person can act in these capacities without a SEBI-issued certificate. Conditions for granting or renewing such certificates include maintaining capital adequacy, entering valid agreements with relevant parties, and addressing investor grievances promptly. The rules came into effect upon their publication in the Official Gazette.
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