To obtain an ISIN, private companies must follow specific steps. Here is a detailed guide on the process:
Initially, companies hire a Registrar and Transfer Agent approved by SEBI to assist with shareholder services. Popular choices include Link Intime India, KFin Technologies, and Cameo Corporate Services.
Next, the firm registers with either NSDL ISIN or CDSL by signing an agreement enabling electronic shareholding.
Documents like the Certificate of Incorporation, Memorandum and Articles of Association, audit reports, and shareholder details must also be prepared.
The RTA then submits the company's application and files to the chosen depository: supplementary materials aid verification and approval of the ISIN request.
Once processing concludes, the depository issues a novel ISIN code exclusive to that company for electronic stockholding.
Initially, companies hire a Registrar and Transfer Agent approved by SEBI to assist with shareholder services. Popular choices include Link Intime India, KFin Technologies, and Cameo Corporate Services.
Next, the firm registers with either NSDL ISIN or CDSL by signing an agreement enabling electronic shareholding.
Documents like the Certificate of Incorporation, Memorandum and Articles of Association, audit reports, and shareholder details must also be prepared.
The RTA then submits the company's application and files to the chosen depository: supplementary materials aid verification and approval of the ISIN request.
Once processing concludes, the depository issues a novel ISIN code exclusive to that company for electronic stockholding.
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