NISM Series II-ASEBI mandatoryTier C
Registrars & Transfer Agents (Corporate)Certification Guide.
Covers RTA functions for corporate securities - share transfers, corporate actions, regulatory compliance. Mandatory for RTA staff dealing with equity/corporate securities.
BeginnerDifficulty
Suggested prep: 10-15 days
25%Negative marking
Avoid blind guessing.
3 yearsValidity
Computer-Based Test (CBT)
Rank 22Priority
Operations track
01Overview
What this certification is really testing.
Ideal for
- Employees at RTAs like KFin Technologies, CAMS, Link Intime
Career paths
- RTA Operations (KFin, CAMS, Link Intime)
- Corporate Actions Processor
- Share Registry Manager
Mandatory for
- Employees of RTAs dealing with corporate registrar functions
02Syllabus
Study by chapter weightage, not by guesswork.
The highest scoring chapters carry 70% of the paper. Start there, then use the low-weight chapters for polish.
Chapter weightage
High-weightage focus
Registrar to an Issue Functions
20%Share Transfer Agent Functions
20%Corporate Actions Handling
15%Regulatory Framework
15%03Key concepts
Concepts and formulas to keep handy.
Key concepts to remember
- RTA functions: Processing IPO applications, share transfers, corporate actions
- Major RTAs in India: KFin Technologies, CAMS, Link Intime
- Share transfer: Now only in demat mode for listed companies (SEBI mandate)
- Corporate actions processing: Bonus, splits, dividends done through RTA infrastructure
- IPO application processing: Verification, allotment, refund - managed by RTAs
- ISIN verification and demat credit - core RTA operations
04Study plan
A clear way to study this module.
Study strategy
- Focus on Registrar and Share Transfer Agent functions (Ch 2+3, 40% combined)
- Corporate Actions Handling (Ch 4, 15%) - know all types of corporate actions
- Regulatory Framework (Ch 5, 15%) - SEBI (RTA) Regulations 1993
- Passing score is only 50% - this is an achievable exam
Exam-day tips
- Standard format - 100 MCQs, 120 minutes
- Process-based questions - know the step-by-step procedures for transfers and IPOs
- 0.25 negative marking - but 50% passing gives comfortable margin
- Very niche exam - if you work at an RTA, the content is familiar from daily work
05Common mistakes
The pass mark is simple. The paper is not.
Scoring warning
Because this paper has negative marking, precision matters more than speed. Attempt the sure questions first, then return to calculations and close-call options.
Ready to register?
Book your slot on the official NISM portal. Confirm the current fee and exam pattern there before you pay.
Open NISM portal