Update under Regulation 30 - The company has sent letters to shareholders, holding shares in physical form to update their KYC details.
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Sinnar Bidi Udyog Ltd has informed the stock exchange that it has sent letters to shareholders who hold shares in physical form, asking them to update their KYC (Know Your Customer) details. This action has been taken in line with SEBI circulars issued in 2023, which require companies and registrars to ensure that physical shareholders have updated their identity and address information on record. The company has shared this update with BSE under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations.
This is a routine compliance update and does not have any direct impact on the company's financials or stock price. Shareholders holding physical share certificates should respond to the letter to avoid their folios being frozen or marked as non-compliant, which could affect transactions on those shares.