Registrar to an Issue & Share Transfer Agent disclosed under Regulation 7(1)
Paras Healthcare has informed the exchanges that it had appointed MUFG Intime India Private Limited (formerly Link Intime India Private Limited) as its Registrar to an Issue & Share Transfer Agent (RTA).
By ScoutQuest · · 2 min read
- RTA Appointed
- MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
- Disclosure Regulation
- Regulation 7(1) of the SEBI Listing Regulations
- Exchange Scrip Details
- NSE (symbol PARASHLTH) and BSE (code 545005)
What the company told the exchanges
- Paras Healthcare informed NSE (Scrip Symbol: PARASHLTH) and BSE (Scrip Code: 545005) that it had appointed MUFG Intime India Private Limited as its Registrar to an Issue & Share Transfer Agent (RTA).
- MUFG Intime India Private Limited was formerly known as Link Intime India Private Limited.
- The disclosure was made under Regulation 7(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The company stated that the disclosure will also be hosted on its website at https://www.parashospitals.com/investors.
- The letter is signed by Rahul Kumar, Company Secretary and Compliance Officer.
What is an RTA
An RTA is the company's record keeper for shareholders. It maintains the register of members, processes requests for share transfers and transmissions, handles the paperwork when shares change hands, and is typically the point of contact for dividend payments and for applications in public issues the company may make. For a listed company, having a registered RTA is a standing requirement, and the company is expected to keep the exchanges informed of who that RTA is.
How to read this
- This is a housekeeping-type disclosure about a service provider arrangement, not a fund-raising, earnings or ownership event.
- There is no change to the number of shares, to who owns them, or to the company's finances arising from this intimation.
- The practical takeaway for a retail shareholder is mainly contact-related: MUFG Intime India Private Limited is the entity to approach for share-related paperwork such as transfer, transmission or duplicate share requests.
What to watch
Disclosures of this kind are routine and are useful mainly as a record of the company's current RTA. A change in RTA can sometimes accompany a change in registrar services, so shareholders who track such updates can note the name for future correspondence.
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