Registrar to an Issue

Registrar to an issue is the person appointed by a body corporate or any person or group of persons to carry on the activities of collecting applications from investors in respect of an issue; keep a proper record of applications and money received from investors or paid to the seller of the securities; assist in determining the basis of allotment of securities in consultation with the stock exchange; and finalize the list of persons entitled to allotment of securities, refund orders, or certificates and other related documents in respect of the issue.

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