With reference to the SEBI Circular dated November 03, 2021 and subsequent circulars issued in this regard, attached is the specimen of the letter sent to those security holders whose final dividend of FY 2024-25 have been withheld due to non-submission of KYC documents.
HEROMOTOCO · price
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Awaiting price reaction for this filing.
Hero MotoCorp has shared a sample letter sent to shareholders who have not updated their KYC (PAN, bank account, contact details, etc.) for their physical shareholdings. As mandated by SEBI circulars, the final dividend of FY 2024-25 has been withheld for these holders and will be released only after KYC is completed. The dividend is ₹65 per share, with the original payment date of 12-August-2025 and a record date of 24-July-2025. Shareholders are asked to submit forms ISR-1, ISR-2, and SH-13/ISR-3 to the company's registrar KFin Technologies. This is a routine compliance disclosure required under SEBI's listing regulations.
No material impact on the company or the stock. This is a procedural filing — affected shareholders simply need to update their KYC to receive their dividend. The ₹65 per share dividend has already been declared and is being paid; only the physical-folio, KYC-non-compliant holders are impacted.