Intimation to holders of physical securities to furnish KYC details
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Sunshield Chemicals Ltd has sent reminders to shareholders holding physical share certificates requesting them to update their KYC details with the Registrar and Transfer Agent (MUFG Intime India Private Limited). SEBI regulations mandate recording of PAN, address with PIN code, mobile number, bank account details, and specimen signatures for physical shareholders. From April 1, 2024, dividends and interest will only be paid electronically if these details are not updated. Shareholders who update their KYC after this date will receive all outstanding dividends automatically. Forms ISR-1 and ISR-2 are required for this compliance, available on the RTA and company websites.
This is a routine regulatory compliance notice with no direct impact on the company's financial performance or stock price. Physical shareholders who fail to update KYC may face delays in receiving dividends electronically.