CARYSIL LIMITED has informed the Exchange about Dispatch of Reminder Letter to Holders of Physical Securities for Furnishing of KYC Details
CARYSIL · price
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Awaiting price reaction for this filing.
Carysil Limited has sent reminder letters to shareholders who still hold shares in physical form, asking them to complete their KYC details as required by SEBI circulars dated May 7, 2024 and June 10, 2024. Shareholders need to update PAN, bank account, signature, and nomination details using prescribed forms (ISR-1, ISR-2, SH-13, ISR-3, SH-14). The company has also reminded shareholders to convert their physical shares into demat form, as SEBI has mandated since April 1, 2019 that all transfers of listed securities must be in demat form only. Importantly, the company noted that dividends will be paid only through electronic mode after KYC is completed. Bigshare Services Private Limited is acting as the Registrar and Transfer Agent for this process.
This is a routine regulatory compliance filing and is unlikely to have any direct impact on the stock price. However, shareholders holding Carysil shares in physical form should update their KYC promptly to avoid missing out on dividend payments, and consider dematerializing their shares to ensure easy transferability going forward.