A chartered accountant is responsible for financial reporting, auditing, taxation, and financial management. Their roles are crucial in ensuring compliance with accounting standards and regulations and optimizing financial resources. A CS (company secretary) focuses on corporate governance and compliance.
They ensure adherence to legal and regulatory requirements, maintain corporate records, and facilitate board meetings. The most important thing to keep in mind is that both the Chartered Accountant and Company Secretary manage share transfers and keep accurate records of the shareholdings. SAG Registrar Share Transfer Agent (RTA) is a service provider that offers valuable services to company secretaries.
SAG RTA (Registrar and Transfer Agent) offers a comprehensive suite of features that significantly streamline the process of managing share transfers. A notable functionality provided by SAG RTA is the dashboard, which presents a concise and consolidated view of pertinent information. The dashboard serves as a prominent feature and facilitates efficient monitoring of share transfers, shareholding particulars, and other important information for company secretaries.
The panel offered by SAG RTA boasts a high degree of customization, catering to the specific needs of each organization. This valuable feature empowers company secretaries to effortlessly access the information they require promptly and efficiently. Furthermore, SAG RTA's file arrangement/management feature ensures proper organization and seamless accessibility of all documents associated with share transfers.
To fortify data security, SAG RTA integrates an OTP (One-Time Password) feature, providing an additional layer of protection and ensuring that only authorized personnel can access sensitive information. Additionally, the shareholding details feature enables professionals to view real-time updates on the current shareholding status of each shareholder.
In essence, the diverse range of features provided by SAG RTA as a Registrar and Transfer Agent significantly simplifies the complex task of managing share transfers and maintaining accurate shareholding records. By streamlining these processes, company secretaries can devote their attention to other critical responsibilities, such as ensuring regulatory compliance and fostering the growth of their organizations.
In today's landscape, mutual fund houses, publicly traded companies, and other financial institutions bear the responsibility of accurately recording and processing numerous investor transactions, including share unit purchases, sales, and switches. To ensure consistent client service, these financial institutions must maintain accurate records of all investor transactions.
A Registrar and Share Transfer Agent, an entity authorized by SEBI (Securities and Exchange Board of India), plays a pivotal role in managing comprehensive records of investor transactions at mutual fund houses and other financial institutions, ensuring utmost satisfaction. Several reputable RTAs in the country are popular for delivering this essential service, including SAG RTA (Registrar & Transfer Agent Services). Learn in-depth about SAG RTA.
It is the promoted company of SAG RTA which would be furnishing the leading tax solutions for 20 years. In this journey, India's well-known software company, SAG Infotech's New RTA Services have achieved various awards for giving extra facilities to clients.
SAG RTA would be operating in an effective way in order to furnish the best solution to its investor also it furnsihes the services of Registrar & Transfer Agent-related needs, inquiries, and services as of its greater experience as a Registrar and Share Agent, RTA customer support team, and world-class infrastructure.
Under SAG RTA services the company furnsihes all sorts of registrar & transfer agent services, such as investors, issuers/companies, and others.
Below Is the List of RTA Services Furnished Via SAG RTA to the Investors as Well as to the Issuers
Record Keeping to the Complete Investor
SAG RTA is proficient in managing all kinds of investor transactions. In these, buying, selling, or switching share units in favor of publicly listed companies, among other things. Working with professionals, SAG RTA accurately keeps all investor records.
Security Dematerialization through CDSL/NSDL Depository Services
Through NSDL and CDSL, two national depositories, SAG RTA offers several facilities that enable users to quickly transfer their physical share certificates or assets into Demat form.
Dividend/Interest payout
Under the norms of SEBI, SAG RTA also processes the dividend distribution and interest payments obtained through ECS mandate to investor bank accounts. The issuer/companies are only allowed to furnish the dividends and interest to investors through the electronic clearing service (ECS), according to the SEBI guidelines.
Revalidation of Dividend
By processing the application and sending it to the appropriate issuer firm, SAG RTA also helps shareholders of the issuing company revalidate their dividends.
For the investor's Share Transfer Certificate
SAG RTA is renowned as a one-stop Registrar & Share Transfer Agent service provider since we let shareholders/investors transfer share certificates in physical form as well.
Duplicate Share Certificate Issuance for the Shareholders
The shareholders would indeed get assistance from the SAG RTA to obtain the duplicate share certificate via the registered office of the company or our registrars. The shareholders must be needed to collect the documents such as a copy of the FIR filed, an affidavit, and additional documents in order to get the alternative share certificate.
Share Capital Audit Report for Form-PAS-6 Reconciliation
As per the need of the unlisted public companies in India, a full PAS-6 reconciliation service (reconciliation of share capital audit report on a half-yearly basis) would get provided by the company to the clients.
Claim Settlement of the Investor Education Protection Fund
Investors are also provided services to help them obtain IEPF reimbursements that they did not get for unclear reasons. Form No. IEPF-5 is also available on the official SAG RTA portal for the identical part.
Investor Name, Signature, and Address Change
SAG RTA furnishes distinct forms for investors requesting a transfer, transposition, name deletion, or name change. From the website of SAG RTA download the RTA forms. Indeed on the SAG RTA portal, you are able to download an affidavit which would be available in the specified format to revise the name and address of the investors.
Note:- All securities given by UNLISTED PUBLIC COMPANIES as of October 2, 2018, should get dematerialized beneath the notification issued by the Ministry of Corporate Affairs on September 10th. As a consequence, every publicly traded company, listed or unlisted, will charge an RTA to achieve that.
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