SBI shareholders, bondholders: State Bank of India appoints new Registrar & Share Transfer Agent (RTA); check details
State Bank of India (SBI) has informed that it has appointed KFin Technologies Limited as the Registrar & Share Transfer Agent (RTA) of the Bank in place of existing RTA Alankit Assignments.
SBI published an advertisement in the Times of India newspaper on July 8, 2024, regarding the same.
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Bank Notice is hereby given to the Shareholders, Bondholders, Beneficial owners, Depository Participants and all concerned that the RTA of the Bank has been changed from Alankit Assignments Limited to KFin Technologies Limited. This will be with effect from July 5, 2024 as date of shifting of electronic connectivity to the new RTA.
SBI as per advertisement mentioned in the newspaper, “All documents/correspondence such as transmission / transposition of shares, issuance of duplicate shares, change of address and updation of KYC (Physical shares), claim of unpaid dividend, unpaid interest, unpaid redemption amount on Bonds, shares held in abeyance, claim from unclaimed suspense account, etc. may be delivered to the new RTA.”
Who are Registrar and Transfer Agents
Registrar and Transfer Agents (RTAs) are firms registered with SEBI that offer services pertaining to the upkeep of share registries and share transfers on behalf of businesses that have released shares for public trading.
Registrar and Transfer Agents play a vital role as intermediaries that facilitate transactions between investors and
