What is the difference between a SEBI only registered RTA vs RTA registered with SEBI and NSDL?
Which one is most appropriate for an unlisted Public Limited Company?
Thankyou
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SEBI Registered VS NSDL Registered RTA
Replies (1)
An RTA requires both SEBI registration and active connectivity with both NSDL and CDSL to manage electronic securities. For an unlisted public limited company, which is legally mandated to maintain its shares in demat form, an RTA with dual-depository connectivity is strictly required, as a SEBI-only RTA cannot process dematerialized transactions.
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