A copy of letter sent to shareholder regarding update KYC details
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Awaiting price reaction for this filing.
Golden Crest Education & Services Ltd has sent a reminder letter to shareholders who hold shares in physical form, asking them to update their KYC details (PAN, bank account, email, mobile, address, signature) and nomination details with the company's Registrar & Transfer Agent, Bigshare Services Private Limited. The letter is issued in compliance with SEBI circulars dated May 7, 2024 and June 10, 2024, making it mandatory for physical shareholders to furnish KYC information. PAN must be linked with Aadhaar, or the folio may be treated as one without PAN. The filing also highlights SEBI's special window (July 7, 2025 to January 6, 2026) allowing re-lodgement of physical share transfer requests that were rejected or pending before April 1, 2019. Shareholders are strongly encouraged to dematerialise their physical shares, as SEBI has mandated that physical shares can no longer be transferred or sold.
This is a routine regulatory compliance filing with no material impact on the business or stock price. Shareholders holding physical shares should update their KYC to continue receiving dividends and services; otherwise they may face restrictions. The dematerialisation push may gradually reduce the company's physical shareholder base.