Intimation to the holders of physical shares to furnish KYC details
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Panchmahal Steel Ltd has informed BSE that it is sending letters to all shareholders who hold shares in physical form, asking them to update their KYC details with the company's Registrar and Transfer Agent (MCS Share Transfer Agent Limited). As per SEBI's Master Circular dated June 23, 2025, physical shareholders must furnish or update their PAN, email address, mobile number, signature, and bank account details. Shareholders need to submit Form ISR-1 (for PAN/KYC), Form ISR-2 (for bank details), and optionally Form SH-13 for nomination. Until the KYC is updated, the RTA will not process any service requests or complaints from these shareholders, and from April 1, 2024 onwards, all dividend, interest, or redemption payments will be made only through electronic mode—no physical warrants or demand drafts will be issued.
This is a routine regulatory compliance filing with no direct impact on the stock price or business operations. However, shareholders holding physical shares of Panchmahal Steel must update their KYC details promptly to continue receiving dividends and to be able to transact or raise service requests, otherwise they risk missing out on future payments.