The Securities and Exchange Board of India (Sebi) is considering a steep increase in the minimum net worth requirement for registrar and transfer agents (RTAs).The markets regulator recently met RTAs, where the issue of raising the net worth to as much as Rs 2 crore was deliberated. Under the current provisions, the minimum capital required is Rs 50 lakh. RTAs are record keepers for shares and other securities. They also are facilitators for cash transfers such as dividend payouts and a communication channel between a company and shareholders.

Source - http://www.business-standard.com