Intimation to Shareholders holding shares in Physical Mode For updating Valid PAN, KYC and Nomination Details.
NAVINFLUOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Navin Fluorine has sent a reminder to its physical shareholders requiring them to update mandatory KYC documents including PAN, mobile number, email ID, bank account details, and nomination details. The filing references SEBI circulars dated March 16, 2023 and November 17, 2023 which mandate that physical folio holders must complete these updates. As per the company records, several shareholders' accounts are missing valid PAN, mobile number, email ID, demat account details, bank details, and nomination information. The company warns that dividend payments will be withheld and released only upon updating KYC details. Shareholders must submit their documents to KFin Technologies Limited, the company's Registrar and Transfer Agent, using prescribed SEBI forms (ISR-1, ISR-2, SH-13, SH-14, ISR-3 as applicable).
This is a compliance reminder with no direct impact on company financials or operations. Physical shareholders who fail to update their KYC risk having dividends withheld and may be encouraged to dematerialize their shares.