Submission of communication sent to shareholders holding shares in physical mode regarding furnishing their KYC details.
SUMMITSEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Summit Securities Ltd has informed exchanges that its Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited, has dispatched KYC reminder letters to shareholders holding physical securities. This is in compliance with SEBI Master Circular dated February 6, 2026, which mandates recording of PAN, contact details (address with PIN, mobile number), bank account details, and specimen signature for all physical shareholders. A total of 14,571 letters were sent (14,507 by ordinary post and 64 by airmail) at a total postage cost of Rs. 86,105.30. Shareholders who do not update their KYC details will not be eligible to lodge grievances or avail investor services, and from April 1, 2024, dividends will only be paid through electronic mode for non-compliant folios. Required forms include ISR-1, ISR-2, ISR-3, and SH-13 (nomination form, optional).
This is a routine regulatory compliance filing with no direct impact on company financials or operations. It simply confirms that the company has sent mandatory KYC reminder letters to physical shareholders as required by SEBI. No action is required from dematerialized shareholders or those who have already updated their KYC details.