Pursuant to Regulation 36(1)(b) and other applicable provisions, Company has completed dispatch of letters to identified shareholders holding physical shares or those who have not updated ....
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Bits Limited has completed dispatching letters to shareholders who hold shares in physical form or have not updated their email addresses, asking them to provide PAN, KYC, nomination, bank and contact details to the Registrar, MAS Services Limited. The letters follow SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023, and explain that failing to update will lead to freezing of the shareholder's folio, loss of service access and inability to receive dividend in physical mode. The communication also informs shareholders that the 33rd Annual General Meeting will be held on Sunday, August 3, 2025 at 12:00 PM via video conferencing. E-voting for the AGM will run from July 31, 2025 (9:00 AM) to August 2, 2025 (5:00 PM), with the cut-off date for entitlement being July 28, 2025.
This is a routine compliance reminder for physical shareholders to update their KYC details, with no direct impact on financials. Investors holding shares in physical form should update their details before the AGM to avoid folio freezing and ensure they can vote and receive dividends electronically.