Intimation To Holders Of Physical Securities To Furnish PAN, KYC Details And Nomination As Per SEBI Master Circular Dated May 7, 2024
JYOTHYLAB · price
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Jyothy Labs has issued a regulatory intimation asking shareholders who still hold shares in physical form to update their PAN, KYC details (bank account, address, email, mobile) and nomination with the company's Registrar and Share Transfer Agent (RTA). This follows SEBI's Master Circular dated May 7, 2024, which mandates such updates to prevent fraudulent transactions and ensure investor protection. Shareholders who do not comply by the stipulated deadline may face freezing of their folios and restrictions on processing dividend payments, share transfers, or other corporate actions until details are furnished.
Routine compliance intimation with no direct impact on stock price or business; however, shareholders holding physical shares must update details promptly to avoid frozen folios and missed dividends or corporate benefits.