Finolex Cables Limited has informed the Exchange about General Updates
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Finolex Cables Limited has informed exchanges about compliance with SEBI's March 2023 circular requiring physical shareholders to update KYC and nomination details. The company has sent letters to concerned shareholders who have not yet furnished these details. Separately, the company has also notified shareholders about unpaid dividends lying with the company, giving them an opportunity to claim outstanding dividends.
This is a routine regulatory compliance announcement with no material impact on the company's financial health or stock performance. It aims to protect shareholder interests and bring physical shareholdings in line with SEBI norms.