Explain the services rendered by Share Transfer Agent.

The following are the services rendered by a Share Transfer Agent (STA): Processing of transfer of securities in physical form. Processing Transmission/Transposition/Consolidation of Holdings. Processing of demat requests in converting physical holdings into electronic holdings. Processing of remat requests and converting electronic holdings into physical holdings. Recording of specimen signatures in electronic media. Recording of change of address, bank mandates, and ECS requests received from investors in physical mode. Accurate scanning and capturing of data. Issue of Duplicate / Split / consolidated shares certificates. Registration of nomination. Dividend payout Management Services. Registration of legal documents such as power of attorney, etc. Maintenance of statutory records such as Transfer Deeds, Demat/Remat Request Forms, Register of Members, Allotment Registers, undelivered return security documents, and other Registers and Returns.