Eicher Motors Limited has informed the Exchange about Reminder Letter to holders of physical securities for furnishing of KYC details
EICHERMOT · price
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Eicher Motors has sent reminder letters to shareholders who still hold shares in physical (paper) form, asking them to update their KYC details with the company's Registrar and Transfer Agent, MUFG Intime India Private Limited. The required details include PAN, address with PIN code, mobile number, bank account details, specimen signature, and nomination details (email is optional). Shareholders can submit these via in-person verification at the RTA office, by hard copy, or through e-sign online. This action follows SEBI circulars that have made KYC updation mandatory for physical share holders. Since April 1, 2024, any dividends owed to physical shareholders who haven't updated their KYC will only be paid through electronic bank transfer, once the details are fully furnished. This is a routine regulatory compliance filing under SEBI's LODR Regulations and not related to any business or financial event of the company.
This is a routine compliance communication and has no direct impact on the company's financials or stock price. Shareholders holding Eicher Motors shares in physical form should update their KYC promptly to avoid any disruption in receiving future dividend payments.