Complete RTA infrastructure built pre-listing. Zero compliance incidents in the first 12 months.

The company was an unlisted NBFC preparing for a BSE listing. They had no existing RTA relationship, no formal shareholder register in institutional format, and no depository connectivity. Their timeline to listing was fixed — and the regulatory requirements for a SEBI-compliant RTA setup needed to be met before the listing date, not after.

Their Company Secretary had managed shareholder administration manually until this point. What they needed was not just a vendor to take over a function — they needed an RTA capable of building and documenting a compliance infrastructure that would withstand SEBI and exchange scrutiny at listing and for every subsequent event thereafter.

The additional complexity: the company's CS team had no prior experience managing the depository interface setup or the demat conversion of existing physical shareholders — a process that needed to be substantially complete before listing day.

RCMC began with a complete audit of the existing shareholder records — mapping the physical shareholding, identifying record discrepancies, and producing a clean register of members in the format required for SEBI filings. This register became the foundation for all subsequent work.

In parallel, RCMC managed the NSDL and CDSL issuer admission process — preparing and submitting the application documentation, coordinating the ISIN creation, and establishing the RTA-depository interface. Existing physical shareholders were contacted and guided through the demat conversion process before listing.

RCMC established a named point of contact for the company's CS team — a single person with full knowledge of the shareholding structure who could answer queries, manage grievances, and coordinate the regulatory calendar. This structure was operational from day one, not assembled after listing.

The company listed on schedule, with a complete and SEBI-compliant RTA infrastructure in place before listing day. The depository interface was live, the shareholder register was clean, and the grievance process was operational.

In the 12 months following listing — covering their first AGM, the first dividend cycle, and multiple corporate event notifications — the company's CS team reported zero compliance incidents arising from RTA-side functions. The infrastructure built pre-listing held to the standard required for listed company operations.