We hereby inform that the reminder letter has been dispatched to the physical security holders for the updation of KYC and other relevant information to the RTA of the Company, i.e., ABHIPRA ....
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Kothari Fermentation & Biochem Ltd has sent reminder letters to shareholders who still hold shares in physical form, asking them to update their KYC details with the company's Registrar & Transfer Agent, Abhipra Capital Ltd. The KYC details required include PAN, email address, mobile number, specimen signature, and bank account details, as mandated by SEBI circulars from May and June 2024. Shareholders who fail to update these details within 30 days will not be able to avail any service requests or receive dividend/interest/redemption payments, which from April 1, 2024, will be processed only through electronic mode. Additionally, SEBI mandates that physical shares can only be transferred in dematerialized form, and shareholders are strongly urged to convert their holdings to demat at the earliest.
This is a routine regulatory housekeeping filing with no direct impact on the stock price or business. However, retail shareholders holding physical shares should update their KYC promptly to avoid missing out on dividends or other corporate benefits.