SKIPPERNSESkipper LimitedMinimalNeutral
Announced Wed, 14 May · 12:59 IST

Skipper Limited has informed the Exchange regarding 'Intimation to the Holders of Physical Securities to Furnish KYC Details and Nomination'.

SKIPPER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Skipper Limited has sent a reminder letter to shareholders who still hold shares in physical (paper) form, asking them to update their KYC details including PAN, bank account, email, mobile number, address, and nomination. This is being done to comply with SEBI circulars issued in May and June 2024. The company's Registrar and Transfer Agent, Maheshwari Datamatics Private Limited, will process these updates. The relevant forms (ISR-1, ISR-2, ISR-3/SH-13/SH-14) are available on the company's website and the RTA's website. Importantly, SEBI has directed that dividends will not be paid to physical shareholders whose folios remain non-KYC compliant.

Likely market impact

This is a routine regulatory compliance reminder with no direct impact on the stock price or business. Shareholders holding Skipper Limited shares in physical form must update their KYC details with the RTA or risk losing future dividend payments and other shareholder services.