Panacea Biotec Limited has informed the Exchange regarding 'Communication sent to physical shareholders to furnish PAN and KYC details'.
PANACEABIO · price
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Panacea Biotec has sent a communication to shareholders who hold shares in physical (paper) form, asking them to update their PAN and KYC details with the company or its registrar. This is a routine compliance exercise carried out under SEBI and MCA guidelines, which require physical share holders to keep their records up to date. Shareholders holding shares in demat form are not affected by this communication. The company has likely reminded such holders ahead of a deadline to avoid their folios being frozen or transactions being rejected.
This is a routine regulatory compliance communication with no material impact on the stock price. Physical shareholders of Panacea Biotec should update their PAN and KYC details promptly to avoid any disruption to dividend payments, share transfers, or other corporate actions.