Cummins India Limited has informed the Exchange regarding 'Intimation sent to the shareholders holding shares in physical mode who have not updated the KYC details regarding withholding of Dividend as per SEBI Master Circular dated May 07, 2024'.
CUMMINSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cummins India has notified the stock exchange that it is reaching out to shareholders who hold shares in physical form and have not updated their KYC (Know Your Customer) details. As per a SEBI Master Circular issued on May 7, 2024, such shareholders will have their dividends withheld until they complete the required KYC updation. The company has sent intimations/reminders to these shareholders to ensure compliance.
This is a routine regulatory compliance exercise and does not affect the company's financials or operations. Shareholders holding physical shares should update their KYC promptly to avoid missing out on dividend payments.