FORCE MOTORS LTD has informed the Exchange about communication sent to the physical shareholder for KYC and other details updation.
FORCEMOT · price
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Force Motors Ltd has sent a letter to shareholders who 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. Shareholders need to provide or update their PAN, postal address, mobile number, bank account details, and specimen signature. Email ID and nomination details are optional but recommended. This action is being taken in line with SEBI circulars that require all listed companies to collect these details from physical shareholders. Shareholders who do not update their KYC will receive any future dividends only through electronic mode (bank transfer). The company has shared the relevant forms (ISR-1, ISR-2, ISR-3, SH-13, SH-14) and contact details for the RTA to help shareholders complete the process.
This is a routine regulatory compliance communication and does not affect the company's business or financials. Physical shareholders who fail to update their KYC details may face delays or changes in how they receive dividend payments, but there is no impact on the stock price or company operations.