Arvind Limited has informed the Exchange regarding 'Communication to the Shareholders holding shares in physical mode to update their KYC details'.
ARVIND · price
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Arvind Limited has sent a reminder to shareholders who still hold shares in physical form (paper certificates) asking them to update their KYC details with the company's registrar. The KYC details required include PAN, nomination choice, contact details, mobile number, bank account details, and specimen signature. This is being done as per SEBI's Master Circular dated 7th May 2024 and another SEBI circular dated 10th June 2024. Shareholders have been asked to submit the relevant forms (ISR-1, ISR-2, ISR-3, SH-13, SH-14) to the registrar MUFG Intime India Private Limited. The company has warned that dividends will be withheld if KYC is not updated. Shareholders have also been advised to convert their physical shares into demat (electronic) form at the earliest.
This is a routine regulatory compliance communication and does not impact the company's business or operations. However, shareholders holding physical shares must update their KYC to continue receiving dividend payments electronically; otherwise, dividends will be withheld. Investors holding physical shares should act promptly to avoid payment disruption.