SEBI has prescribed that RTA shall retain the physical shares and intimate the investor about the execution of transfer through Letter of Confirmation (LoC) after processing of the re-lodged transfer request. Letter shall be sent through Registered / Speed Post or through email with digitally signed letter and shall, inter-alia, contain details of endorsement, shares, folio of investor as available on the physical shares.SEBI has prescribed that RTA shall retain the physical shares and intimate the investor about the execution of transfer through Letter of Confirmation (LoC) after processing of the re-lodged transfer request. Letter shall be sent through Registered / Speed Post or through email with digitally signed letter and shall, inter-alia, contain details of endorsement, shares, folio of investor as available on the physical shares.taxmann.com Latest Statutory HappeningsRead More
