The periodic report for Research Analysts (RAs) requires extensive general information about the RA's operations, personnel, and compliance status. This article provides a comprehensive technical analysis of the general details that must be reported.
Regulatory Basis
The general details are specified in the periodic reporting format (Table-1) of the circular dated October 25, 2024 (SEBI/HO/MIRSD/MIRSD-PoD1/P/CIR/2024/148).
Required Information
1. Identification Information
| Information | Description |
|---|---|
| Registered Name | Name as per SEBI registration certificate |
| Trade Name/Brand Name | Any trade name or brand name used |
| PAN | Permanent Account Number |
| SEBI Registration No. | Full SEBI registration number |
| Enlistment No. | RAASB enlistment number |
| Logo (Yes/No) | Whether the RA has a logo |
| Date of Birth/Incorporation | Date of birth (individual) or date of incorporation (non-individual) |
2. Legal and Address Details
| Information | Description |
|---|---|
| Legal Structure | Individual, partnership, LLP, body corporate |
| Registered Office Address | Full registered office address |
| Correspondence Address | Full correspondence address |
| Principal Place of Business | Full address of principal place of business |
| Number of Branches | Total number of branches |
| Addresses of Branches | Full addresses of all branches |
3. Personnel Details
| Information | Description |
|---|---|
| Total Number of Employees | As on the last date of the reporting period |
| Contact Person | Name, date of birth, mobile, email |
| Compliance Officer | Name, date of birth, mobile, email |
| Managing Director/Managing Partner | Name, PAN, date of birth, DIN, mobile, email |
| Other Directors/Partners | Name, PAN, date of birth, DIN (list) |
| Persons Employed as RA | Total number |
| NISM Certification Details | Name, email, date of birth, PAN, validity |
4. Shareholding Details
| Information | Description |
|---|---|
| Shareholder Name | Name of shareholder |
| Number of Shares | Number of shares held |
| % of Shareholding | Percentage of shareholding |
5. Compliance and Operational Details
| Information | Description |
|---|---|
| Official Website Address | Full website URL |
| Social Media Handles | Facebook, Twitter, others |
| Bank Account Details | Name, account number, type, IFSC, bank name, branch |
| Inspection Details | Carried out by, date, period, adverse remarks, remedial action |
| Advertisement Details | Number issued, number approved |
| Investor Charter and Complaints | Whether published and updated |
| Research Reports Published | Number during the period |
| Public Appearances | Number during the period |
How to Report
1. Prepare the Information
Gather all required information from your records.
2. Complete the Form
Fill in the periodic reporting form with the required information.
3. Verify the Information
Verify all information for accuracy and completeness.
4. Submit
Submit the report through the designated portal.
Common Compliance Gaps
1. Missing Information
Some RAs do not provide all required information.
Solution: Ensure all sections are completed.
2. Incorrect Information
Some RAs provide incorrect information.
Solution: Verify all information before submission.
3. Outdated Information
Some RAs provide outdated information.
Solution: Ensure information is current.
Conclusion and How Anuj Desai & Associates Can Help
General details are a critical part of the periodic report.
Anuj Desai & Associates offers specialized services to help RAs comply with reporting requirements:
- Preparation of periodic reports
- Review of information accuracy
- Compliance audit and advisory
Contact us today to ensure your periodic reports are accurate and complete. Our team will guide you through the process.
Disclaimer: This article is for informational purposes only and does not constitute legal advice. Readers are advised to consult qualified professionals for legal and compliance matters. Anuj Desai & Associates is a SEBI compliance consulting firm based in India.