Important Announcement to physical shareholders
Dear Shareholder,
Securities and Exchange Board of India (SEBI) vide Circular dated November 3, 2021, has made it mandatory for the holders of physical securities to furnish PAN, KYC details and details of nomination on or before April 1, 2023 to the RTA (Registrar and Share Transfer Agents) of the Company in respect of all concerned Folios. Folios wherein any of the above document(s)/details are not furnished on or before the said date, shall be frozen by the RTA. After December 31, 2025 the frozen folios shall be referred by the RTA/ Company to the administering authority under the Benami Transactions (Prohibitions) Act, 1988 and or Prevention of Money Laundering Act, 2002.
Further, the holders of physical securities are requested to ensure that their PAN is linked to Aadhaar by March 31, 2022, or any other date as may be specified by the Central Board of Direct Taxes to avoid freezing of folio.
Further w.e.f January 01, 2022 any service request shall be entertained by RTA only upon registration of the PAN, Bank Account details and Nomination.
Keeping the above statutory requirements in view, holders of the physical securities are requested to furnish valid PAN, KYC details and details of Nomination immediately to the Company/RTA by using the relevant forms as appended below, to ensure that, their folios are not frozen on or after 01.04.2023.
All holders of physical securities, who have not yet dematerialized their shares, are also advised to get their shares converted into electronic form (DEMAT)
Members holding shares in electronic (DEMAT) form are requested to verify and update immediately any change in their address or bank mandates etc. to their respective Depository Participants with whom they are maintaining their demat accounts.