Intimation to the holders of physical securities for furnishing of KYC details
TATAPOWER · price
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Tata Power has issued a reminder to shareholders who hold shares in physical (paper) form to update their KYC details with the company's Registrar and Transfer Agent, MUFG Intime India Private Limited. The filing is made under SEBI's Listing Regulations and follows SEBI circulars mandating that physical shareholders provide their PAN, address with PIN code, mobile number, bank account details, and specimen signature; email ID and nomination are optional. Since April 1, 2024, any dividends or interest on physical folios with missing or outdated KYC will be paid only through electronic mode. Shareholders can update details by submitting Forms ISR-1 and ISR-2 either in person, by hard copy, or via e-sign through the RTA's portal.
This is a routine compliance reminder and does not impact the stock price or company operations. Only shareholders holding physical share certificates need to act; demat holders and those who have already updated KYC are unaffected. Non-compliance could delay dividend payments for physical shareholders.