The intimation emphasizes the need for shareholders holding shares in physical form to update mandatory KYC details such as PAN, contact details, mobile number, bank account details, and specimen signature. While providing an email address and nomination details are optional, shareholders are encouraged to furnish these for availing online services.
According to the circulars issued by SEBI, dividend/interest payments will be made electronically starting April 1, 2024, only upon the complete furnishing of the aforementioned details. Shareholders who update their KYC details after this date will receive all dividends/interest declared from April 1, 2024, until the date of updation.
MUFG Intime India Private Limited has provided the following requirements:
The formats for Nomination and Updation of KYC details viz; Forms ISR-1, ISR-2, ISR-3, SH-13, SH-14 and SEBI circulars are available on the website: MUFG Intime India Private Limited.
Shareholders are requested to convert their physical shares to demat form at the earliest for better market liquidity.
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