MUFG Intime India appointed Registrar & Share Transfer Agent; intimation under Regulation 7(1)
AceVector Ltd has informed the exchanges that it had appointed MUFG Intime India Private Limited (formerly Link Intime India Private Limited) as its Registrar & Share Transfer Agent.
- Registrar & Share Transfer Agent Appointed
- MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
- Regulation Cited
- Regulation 7(1) of the SEBI Listing Regulations
What was announced
AceVector Limited has intimated the National Stock Exchange of India Limited and BSE Limited that it had appointed MUFG Intime India Private Limited as its Registrar & Share Transfer Agent.
The company also notes that MUFG Intime India Private Limited was formerly known as Link Intime India Private Limited.
What a Registrar & Share Transfer Agent does
- The Registrar & Share Transfer Agent, or RTA, keeps the company's register of shareholders.
- It processes share transfers, transmissions, name changes and duplicate share certificate requests.
- It handles investor service requests and grievances relating to shares.
- It also handles work connected with dividends, bonus issues, splits and rights issues.
- For a listed company, the RTA is the main point of contact for shareholders on registry matters.
What this means for investors
- Shareholders of AceVector Limited would approach the appointed Registrar & Share Transfer Agent for matters relating to their shareholding, such as transfer, transmission or correction of records.
- The update states the appointment was made under Regulation 7(1) of the SEBI Listing Regulations.
- The disclosure will also be hosted on the company's website at https://www.acevector.com/investors.
How to read it
This is an intimation about who maintains the company's share registry. It does not alter the number of shares a shareholder holds, and it concerns registry and investor-service arrangements rather than the company's operations or financials.
In short
AceVector Limited has informed the exchanges which entity acts as its Registrar & Share Transfer Agent.
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