Communication sent to physical shareholders holding physical shares for KYC updation
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National General Industries Ltd has informed the BSE that it has sent letters to shareholders holding shares in physical form whose KYC details are not updated with the company's Registrar and Share Transfer Agent (RTA). The communication, issued under SEBI's Master Circular dated May 07, 2024, asks these shareholders to furnish valid PAN, contact details, bank account details, specimen signature, and nomination details using prescribed forms (ISR-1, ISR-2, SH-13/SH-14, ISR-3). From April 01, 2024, dividends and other payments to physical folios with incomplete KYC are to be processed only through electronic mode. The RTA for the company is Skyline Financial Services Private Limited, based in New Delhi.
This is a routine regulatory compliance filing and not a material corporate event. Shareholders holding physical shares should update their KYC promptly to avoid delays in receiving dividends; however, there is no direct impact on the company's operations or stock price.