Registrar & Transfer Agents (Corporate) Course Contents

Introduction to Securities

• Concept of Equity and Debt

• Features and Benefits of Equity Capital

• Features and Benefits of Debt Capital

• Features of Hybrid Instruments

Characteristics of Eqity Shares

• Investors in equity shares

• Rights of a Shareholder

• Risks in Equity Investing

• Equity related terminology

• Corporate Actions

• Preference Shares, Rights Issue and Preferential Issue

Basics of Mutual Funds

• Collective Investment Vehicle with proportionate ownership

• Mutual Funds

• Advantages of Mutual Funds

• Assets under Management (AUM) and Net Asset Value (NAV)

• Role of RTAs related to NAV

SEBI - Role and Regulations

• Securities and Exchange Board of India Act, 1992 and Role of SEBI

• SEBI Regulations Aimed at Investor Protection

• SEBI (Prohibition of Insider Trading) Regulations, 2015

• SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to

  Securities Market) Regulations, 2003

• Investor Education and Protection Fund

• SEBI Regulations for Registrars and Transfer Agents

• SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 1993.

• SEBI (Intermediaries) Regulations, 2008

• SEBI (Depositories and Participants) Regulations, 2018

Characteristics of Debt Securities

• Features of Debt Security

• Market value of debt securities

• Yield to Maturity of debt instruments

• Types of Bonds

• Features of Fixed and Floating Rate Bonds

• Credit Rating

• Money Market instruments

Characteristics of other Securities

• Warrants

• Convertible Debentures (CDs)

• Depository Receipts (DRs)

• Foreign Currency Convertible Bonds (FCCBs)

• Exchange Traded Funds (ETFs) and Index Funds

• Real Estate Investment Trusts (REITs)

• Infrastructure Investment Trusts (InvITs)

Public Issue of Securities

• Issuing Equity Capital

• Public offer of shares

• Reservations

• Initial Public Offer

• Eligibility for public issue of shares

• Further public offer

• Buyback of Securities

Public Issue of Securities

• Issuing Equity Capital

• Public offer of shares

• Reservations

• Initial Public Offer

• Eligibility for public issue of shares

• Further public offer

• Buyback of Securities

Other methods of Share issues

• Private Placement of Shares

• Qualified Institutions Placement (QIP)

• Rights Issues

• Employee Stock Options (ESOPs)

• Conversion of Convertible Debentures/Bonds into shares

Share Issue Process

• Pre-issue Work

• Post Issue Work

• Prospectus & Red Herring Prospectus

• Underwriting

• Green Shoe Option

• Methods of making a public issue of share

• Small and Medium Enterprise Initial Public Offer (SME IPO)

RTA roles & Responsibilities in a public issue

• Registrar and Transfer Agents

• Sponsor Bank

• Bankers to an Issue

• Brokers to the Issue / Syndicate Members

• Application Supported by Blocked Amount (ASBA) facility with Unified Payment Interface (UPI)

RTA roles in Depository Segment

• Dematerialisation of Securities

• Rematerialisation of Securities

• Trading and Settlement

• Beneficial Owner Reporting

• Corporate Action

• Reconciliation

Investor Interface with RTA

• Transfer of Securities

• Recording change in Investor information

• Issue of duplicate certificate of securities

• Stop Transfers

• Transmission

• Facilitating the Annual General Meeting and e-voting facilities

Client Servicing by RTA

• Definition of Investor First Time Rights (FTR) Approach

• Principles of Investor Servicing

• Basic Rules to be followed as per SOP

• Dos and Don’ts Thanking the Investors