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Sebi committee for listing of large registrars on the stock exchanges

The deadline for public feedback on the proposals is May 19

Sebi. (Photo: Kamlesh Pednekar)
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Sebi. (Photo: Kamlesh Pednekar)

Sachin Mampatta Mumbai
A regulatory committee has recommended that every large registrar to an issue and share transfer agent should move towards listing on the stock exchanges.
 
The move is one of the recommendations of a committee on key market infrastructure institutions (MIIs), headed by former Reserve Bank deputy governor R Gandhi. The deadline for public feedback on the recommendations is May 19, according to a note on the Sebi’s website. The registrar and transfer agent (RTA) is an entity maintaining investor records. The report notes Karvy Computershare and Computer Age Management Services (CAMS) account for 90 per cent of mutual fund (MF)