SML Isuzu Limited has informed the Exchange regarding Intimation to Shareholders related to mandatory furnishing of PAN, KYC and Nomination details by holders of physical securities.
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SML Isuzu Limited has informed stock exchanges about a letter sent to shareholders holding shares in physical form, reminding them to update their KYC details as required by SEBI regulations. Physical shareholders are required to furnish PAN (linked with Aadhaar), nomination choice, postal address, mobile number, bank account details, and specimen signature via Form ISR-1 to the company's Registrar and Transfer Agent, MCS Share Transfer Agent Limited. Folios without complete KYC details will not be eligible to lodge grievances or receive services from the RTA, and from April 1, 2024, all dividend, interest, or redemption payments will be made only through electronic mode for such folios. Shareholders who have already updated their details are requested to ignore this communication.
This is a routine regulatory compliance intimation and not a material corporate event. It has no direct impact on stock price or financials. Shareholders holding physical shares who do not update their KYC details risk missing out on dividend or other payments, as such payments will only be processed electronically going forward.