Albert David Limited has informed the Exchange about General Updates regarding KYC letters sent to shareholders
ALBERTDAVD · price
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Albert David Limited has dispatched KYC update letters to all 373 physical shareholders on June 19, 2025, asking them to update their PAN, KYC details, nomination, bank details, and signatures as required by SEBI circulars. The letters were sent via ordinary post through the company's Registrar, Maheshwari Datamatics Pvt. Ltd. Shareholders have been informed that if their folios remain non-KYC compliant, they will not receive any future dividends. Forms ISR-1 and ISR-2 are mandatory, along with nomination details.
This is a routine regulatory compliance action and is unlikely to have any direct impact on the stock price. However, physical shareholders who fail to update KYC may stop receiving dividend payments, which is a risk for retail investors still holding shares in physical form.