Sebi Proposes New Rules for Registrars and Transfer Agents

Imagine companies need help with their stocks, like keeping track of who owns them.

Right now, some companies do this work, and it's overseen by Sebi.

Sebi wants to change how it watches over these companies.

If a company helps with stocks that are bought and sold publicly, Sebi will keep watching them.

But if they work with stocks that are not public, the government will take over.

Also, all the companies will have a common definition and have systems to prevent cheating, similar to internal checks.

These changes aim to make things safer and clearer for everyone.