Artemis Medicare Services Limited has informed the Exchange regarding 'Reminder Letter to holders of physical securities for furnishing of KYC details'.
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Artemis Medicare Services has dispatched reminder letters to shareholders who still hold shares in physical form, asking them to update their PAN, KYC, and nomination details with the company's Registrar and Transfer Agent, Alankit Assignments Limited. This follows a SEBI mandate that makes such updates mandatory for all physical security holders. Shareholders who fail to update their KYC will not be able to lodge grievances or avail any service requests from the RTA, and from April 1, 2024, all payments such as dividends and interest will be made only via electronic mode. The company has also urged physical shareholders to dematerialise their holdings to avoid risks and access smoother services. The intimation is being filed with both NSE and BSE under SEBI's listing regulations.
This is a routine regulatory compliance communication with no direct impact on the stock price or business. Shareholders holding physical shares should update their KYC details promptly to continue receiving dividends and accessing shareholder services without disruption.