NISM Series II A : Registrars to an Issue and Share Transfer Agents - Corporate Exam Notes
Page 102 Of 136
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Clearing corporation: Facilitates trade settlement in the depository system.
Corporate action processing: DPs credit dividends, bonus shares, or rights to accounts.
Reconciliation frequency: Daily, weekly, or monthly to ensure data consistency.
IEPF account: Holds unclaimed shares and dividends for investor claims.
Dematerialisation timeline: Completed within 21 days, per SEBI guidelines.
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