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Regent Enterprises has sent letters to its shareholders asking them to update their PAN (linked with Aadhaar), KYC details (address, email, mobile, bank account, signature) and nomination details for their physical share folios. This is a routine compliance exercise under SEBI circulars from November/December 2021 and March 2023. The Registrar and Transfer Agent (Satellite Corporate Services) will freeze folios and stop processing any service requests for shareholders who fail to submit these details. Corporate benefits like dividends, interest and redemption amounts will only be paid electronically from now on. Shareholders can download the required forms (ISR-1, ISR-2, ISR-3, SH-13, SH-14) from the company or RTA website and submit them to Satellite Corporate Services in Mumbai.
This is a routine regulatory compliance communication, not a business event. Shareholders holding physical shares should update their PAN, KYC and nomination promptly to avoid folio freezing and ensure they continue receiving dividends and other corporate benefits electronically.