Ind-Swift Limited has informed the Exchange regarding Intimation to Furnish Valid PAN, KYC Details And Nomination By Shareholders Holding Physical Shares.
Awaiting price reaction for this filing.
Ind-Swift Limited has informed the stock exchanges that it has sent a letter to shareholders who hold shares in physical form, asking them to update their PAN, KYC details, and nomination with the company's Registrar and Transfer Agent (Alankit Limited). This is being done as per a SEBI Master Circular dated May 7, 2024, which makes it mandatory for physical shareholders to provide these details. Shareholders who do not update these details will not be able to raise grievances or use any service requests through the RTA. From April 1, 2024, any payments such as dividends or interest will only be made through electronic mode once all required details are fully furnished. The required forms (ISR-1, ISR-2, SH-13, ISR-3, SH-14) are available on the company's website.
This is a routine regulatory compliance communication with no material impact on the stock price or business. Shareholders holding physical shares should update their KYC details promptly to continue receiving dividends and other services.