Tata Steel Limited has informed the Exchange about Intimation to the holders of physical shares to furnish KYC details
TATASTEEL · price
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Tata Steel has sent a reminder to shareholders who still hold shares in physical (paper) form, asking them to update their KYC details with the company's Registrar and Transfer Agent, MUFG Intime India. The required details include PAN, address with PIN code, mobile number, bank account details, and specimen signature; email ID and nomination are optional. This is being done in line with SEBI's circulars dated May 7, 2024 and June 10, 2024 mandating KYC updation for physical security holders. Shareholders can submit the KYC forms (ISR-1 and ISR-2) in person, by hard copy, or via e-sign through the RTA's website. Importantly, if KYC is not updated, dividends will be paid only through electronic mode with effect from April 2024.
This is a routine compliance reminder with no impact on Tata Steel's business or stock price. Shareholders holding physical shares who don't update KYC will continue to receive dividends only via electronic transfer and may face administrative inconvenience.