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

The Securities and Exchange Board of India (SEBI) has decided in that in consultation with
Registrars Association of India (RAIN), Stock Exchanges and market participants to reduce the
time-line for registering the transfer of shares to 15 days. The same time-line shall also be
applicable for transfer of debt securities.