Garware Hi-Tech Films Limited has informed the Exchange about Intimation to the shareholders holding shares in physical mode, to furnish KYC details.
GRWRHITECH · price
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Garware Hi-Tech Films has informed the stock exchanges that it has sent a reminder letter 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 (formerly Link Intime). The KYC details required include PAN, address with PIN, mobile number, bank account details, and specimen signature; email ID and nominee details are optional but recommended. Shareholders are also encouraged to convert their physical shares into demat form. This action is driven by a SEBI master circular dated June 23, 2025, which mandates that shareholders with incomplete KYC in physical folios will receive dividends only through electronic means from April 1, 2024 onwards.
This is a routine regulatory compliance intimation and has no direct impact on the stock price or business operations. However, shareholders holding Garware Hi-Tech Films shares in physical form should update their KYC promptly to avoid delays or restrictions in receiving future dividend payments.