2025-12-16
The Securities and Exchange Board of India (SEBI) issued the 2025 Regulations to consolidate and amend the regulatory framework for Registrars to an Issue and Share Transfer Agents (RTAs). These regulations mandate that RTAs must obtain registration, maintain a net worth of at least INR 50 million, and adhere to strict governance, record-keeping, and compliance standards. The rules further establish procedures for handling grievances, preventing conflicts of interest, and ensuring internal controls to detect and prevent market fraud.