SEBI extends record maintenance period for share transfer agents from 3 to 8 years.

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Full Text of the Document

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....This notification amends the Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993. The key changes are: 1) In regulation 14(1), the word "three" is substituted with "eight" regarding the number of years for maintaining records. 2) In regulation 15, the word "three" is substituted with "eight" regarding the number of years for preservation of books of accounts. The amendments extend the record maintenance and book preservation period from three to eight years for Registrars to an Issue and Share Transfer Agents registered with SEBI.....