Birla Corporation Limited has informed the Exchange about Intimation to the holders of physical securities for updating KYC details
BIRLACORPN · price
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Birla Corporation Limited has informed the stock exchanges that it has sent a communication to shareholders holding shares in physical form, asking them to update their KYC details with the company's Registrar and Share Transfer Agent, KFin Technologies Limited. The KYC update includes PAN, email address, mobile number, bank account details, specimen signature, and choice of nomination, as required under SEBI's Master Circular dated May 7, 2024 read with a Circular dated June 10, 2024. Shareholders whose KYC is not updated will have their dividend and other payments withheld, with payouts remitted only to their bank account after the details are fully updated. Forms ISR-1, ISR-2, ISR-3, SH-13 and SH-14 are to be submitted to the RTA via in-person verification, post, or e-sign email. The notice also encourages physical shareholders to convert their shares into demat form at the earliest.
This is a routine regulatory compliance reminder and does not affect the company's financials or stock price. However, investors of Birla Corporation holding shares in physical form should update KYC with KFin Technologies promptly to avoid any delay or withholding of dividend payments.