06/01/2023 | Press release | Distributed by Public on 06/01/2023 03:01
Notice No. | 20230601-10 | Notice Date | 01 Jun 2023 | |||
Category | Circulars Listed Companies | Segment | General | |||
Subject | Model Tripartite Agreement between the Issuer Company, Existing Share Transfer Agent and New Share Transfer Agent as per Regulation 7(4) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 | |||||
Attachments | Model Tripartite Agreement.pdf ; | |||||
Content |
Dear Sir\Madam
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The Securities and Exchange Board of India (SEBI) has issued circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/79 dated May 25, 2023, regarding Model Tripartite Agreement between the Issuer Company, Existing Share Transfer Agent, and New Share Transfer Agent as per Regulation 7(4) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.<_o3a_p>
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As per regulation 7(4) of SEBI LODR Regulations, 2015, "in case of any change or appointment of a new share transfer agent, the listed entity shall enter into a tripartite agreement between the existing share transfer agent, the new share transfer agent and the listed entity, in the manner as specified by the Board from time to time." <_o3a_p>
Model Tripartite Agreement has been prepared in consultation with Registrar Association of India (RAIN) and some issuer companies. Format of the Tripartite Agreement is placed at Annexure-A. <_o3a_p>
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The aforesaid circular is attached for reference.<_o3a_p>
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All Listed companies are requested to take note and comply accordingly. <_o3a_p>
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Ashok kumar Singh |
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Shyam Bhagirath |