Pursuant to Regulation 30 of SEBI Listing Regulations, please find enclosed a copy of the letter sent to the shareholders holding shares in physical form for furnishing the KYC details
RALLIS · price
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Rallis India has sent a reminder to shareholders holding physical shares to update their KYC details with the company's Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited. The requirement stems from SEBI circulars mandating that listed companies collect PAN, address with PIN code, mobile number, bank account details, and specimen signatures from physical shareholders. From April 1, 2024, dividends for non-compliant physical folios will only be paid via electronic mode. The company has provided multiple submission options including in-person verification, hard copy, and e-sign through the RTA's website or email.
This is a routine regulatory compliance exercise with no direct impact on the company's financial performance or stock price. Physical shareholders who fail to update KYC may face delays in receiving dividend payments.