HB Stockholdings Limited has informed the Exchange regarding 'In terms of Regulation 30 of SEBI LODR, 2015 and SEBI Master Circular dated 07th May, 2024, please find enclosed specimen copy of Intimation Letter dispatched to Shareholders holding shares in physical form'.
HBSL · price
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Awaiting price reaction for this filing.
HB Stockholdings has sent a reminder letter to shareholders who still hold shares in physical (paper) form, asking them to update their PAN, KYC details, and nomination with the company's registrar (RCMC Share Registry). This is a routine compliance step required under SEBI rules. Shareholders who do not complete the update will not be able to receive the dividend for FY ending 31 March 2025 (if declared at the upcoming 38th AGM) — payments will be withheld until KYC is done. The company has also urged physical shareholders to convert their holdings into dematerialized (demat) form at the earliest.
No direct impact on the stock price. Physical shareholders of HB Stockholdings risk missing out on the upcoming dividend if they fail to update their KYC and PAN details with the registrar on time.