Bajaj Auto Limited has informed the Exchange about intimation letter sent to shareholders regarding updation of KYC details

Bajaj Auto Limited has informed the stock exchange that it has sent an intimation letter to its shareholders asking them to update their KYC (Know Your Customer) details. KYC details typically include PAN, bank account information, address, email ID, and contact number that shareholders maintain with the company's Registrar and Transfer Agent (RTA). This is a routine regulatory compliance exercise, generally mandated by SEBI and the Ministry of Corporate Affairs to ensure accurate shareholder records and to enable smooth processing of dividends, share transfers, and other corporate actions. Shareholders who do not update their KYC details risk having their folios marked as non-compliant, which can freeze dividend payments and other corporate benefits.