Sebi Relies On Robotic Systems To Manage Sahara Case Files


However, the verification of these documents may not be possible through the robotic systems as there might not be an uniformity in the format of these papers, the official added.

The warehouse, with 32 lakh cubit ft of storage capacity and located at Navi Mumbai, was originally built to store the physical share certificates of listed companies in the country when demat shares were not in vogue.

Now, SHCIL Projects boasts of numerous institutions including State Bank of India (SBI), India Post and the markets regulator Sebi among others as its clients for various services like storage of physical documents, sorting and handling of important papers with automated robotic systems and even their conversion in electronic format.

As per the company, its automated robotic systems works with zero manpower intervention in the handling process.

To get rid of existing pest and other harmful objects, documents received at the warehouse are first put inside fumigating chambers and then placed inside its sophisticated automated systems that have a temperature, humidity and pest controlled environment.

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Source: PTI