Jumbo Certificate nd RTA

Sir pls explain what is jumbo certificate and what is registrar and share transfer agent

A jumbo share certificate is a single composite share certificate formed by consolidating/aggregating a large number of market lots. This is issued by the company favoring custodian of the shares and is used to reduce the problems of multiple share certificates for large trades. Registrar and Transfer Agents (RTA) are SEBI-registered entities that provide services related to share registry maintenance and share transfer activities on behalf of companies that have issued shares to the public.

Answer given by Shubhamm Sir at 08-Feb-2024 06:34 PM