ICICI Lombard General Insurance Company Limited has informed the Exchange about Letters sent to holders of physical shares to furnish KYC details pursuantto SEBI Circular
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ICICI Lombard has informed exchanges that letters were sent on May 14, 2026 to physical shareholders urging them to update KYC details as mandated by SEBI. The letter highlights that shareholders whose folios lack complete KYC information (including PAN, contact details, mobile number, bank account, and nomination details) will be ineligible to lodge grievances or receive services from the RTA. Critically, dividends payable after April 1, 2024 are being withheld until KYC is updated, including future dividends. The company references SEBI's 'Saksham Niveshak' campaign aimed at collecting unpaid dividends before they transfer to IEPFA. Required forms include ISR-1, ISR-2, SH-13, and ISR-3, to be submitted to KFin Technologies Limited.
No direct impact on stock price or financial performance. Physical shareholders who fail to update KYC may lose dividend payments and service access. The filing is routine regulatory compliance under SEBI's push for dematerialization of physical shares.