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Reduction of Time-line for Transfer of Equity Shares and Prescription of Time-line for Transfer of Debt Securities.

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..... Prescription of Time-line for Transfer of Debt Securities. 1. The listing agreement for equity shares prescribed under the Securities Contracts (Regulation) Act, 1956 inter alia specifies a period of one month for registering transfer of shares from the date of lodgment. 2. With a view to expedite the transfer process in the interest of the investors, it has been decided, in consultation with R .....

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..... Y/CIR-46/2001 dated September 27, 2001, d. to amend any other clauses as applicable in the above listing agreements. 4. All SEBI registered Registrars to an Issue and Share Transfer Agents are directed to adhere to the above time-lines for transfer of shares and debt securities. 5. In view of the above, the time-line for transfer of shares and / or provision for compensation for delay thereof, .....

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