INTIMATION LETTERS SENT TO THE SHAREHOLDERS HOLDING SHARES IN PHYSICAL MODE FOR UPDATING THIER DETAILS WITH COMPANY.
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Systematix Securities Ltd (BSE Scrip Code: 531432) has sent intimation letters to shareholders who hold shares in physical form, asking them to update their PAN, KYC details, nomination, contact details, mobile number, bank account details and specimen signature with the company's Registrar and Transfer Agent (RTA), M/s Ankit Consultancy Pvt. Ltd. in Indore. This action follows SEBI's Master Circular dated May 7, 2024, which makes it mandatory for physical security holders to furnish these details. From April 1, 2024, folios without updated PAN, KYC and nomination are eligible to lodge grievances or receive dividend/interest/redemption payments only through electronic mode. Shareholders can submit the required forms (ISR-1, ISR-2, ISR-3, SH-13, SH-14, etc.) via in-person verification, self-attested hard copies, or electronic mode with e-sign. The filing is signed by Director Rajesh Kumar Inani (DIN: 00410591) and is being made under Regulation 30 of SEBI's LODR Regulations, 2015.
This is a routine regulatory compliance filing with no material impact on the stock price or business. Shareholders holding physical shares of Systematix Securities must update their KYC details promptly or risk being unable to receive dividend, interest or redemption payments and being restricted from availing RTA services.