Ponni Sugars (Erode) Limited has informed the Exchange about General Updates
PONNIERODE · price
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Ponni Sugars (Erode) has written to shareholders who still hold shares in physical form, asking them to update their PAN and KYC details (postal address, mobile number, bank account, signature) with the company's Registrar Cameo Corporate Services. This follows SEBI's directive that dividends for physical shares must be paid only through electronic mode. The Board has declared a dividend of Rs. 3 per share for FY 2024-25, which was approved at the 29th AGM held on 11 June 2025. Shareholders who fail to update KYC will not receive this dividend — the amount will remain parked in the company's dividend bank account until the required details are submitted.
This is a routine compliance communication, not a new business development. Shareholders holding physical shares must act quickly to update KYC or risk not receiving the Rs. 3 per share dividend. No material impact on the stock price is expected.