Registrars to an Issue and Share Transfer Agents

SECURITIES AND EXCHANGE BOARD OF INDIA (Registrars to an Issue and share Transfer Agents)
(Amendment) Regulations, 2023

No. SEBI/LAD-NRO/GN/2023/112.—In exercise of the powers conferred under section 30 of the Securities
and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993, namely: –

1. These regulations may be called the Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) (Amendment) Regulations, 2023.
   
2. They shall come into force on the date of their publication in the Official Gazette:
   Provided that insertion of clauses (a) and (b) to paragraph 1AA of Schedule II shall always deemed to have been included in paragraph 1AA from December 8, 2016.
   
3. In the Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993, in Schedule II, paragraph 1AA shall be substituted with the following paragraph, namely:-
   
   “1AA. A registrar to an issue and share transfer agent who has been granted a certificate of registration, to keep its registration in force, shall pay registration fee, every three years from the sixth year, from the date of grant of certificate of registration, or from the date of grant of certificate of initial registration granted prior to the commencement of the Securities and Exchange Board of India (Change in Conditions of Registration of Certain Intermediaries) (Amendment) Regulations, 2016 as the case may be, as specified below:
   a. A registrar to an issue and share transfer agent falling under category I, as specified in sub-regulation (2) of regulation 3, shall pay a fee of two lakh and seventy thousand rupees;
   b. A registrar to an issue or share transfer agent falling under category II, as specified in sub-regulation (2) of regulation 3, shall pay a fee of ninety thousand rupees.”

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