Intimation to holders of Physical Securities for KYC Updation
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Terai Tea Company has informed the stock exchanges that it has sent letters to all shareholders who hold physical certificates, asking them to update their PAN, KYC, and nomination details. This is a routine compliance exercise carried out under SEBI circulars issued in March 2023, June 2024, and January 2024, which make these updates mandatory for physical security holders. Shareholders can download the standard SEBI forms from the company's website (www.teraigroup.com) or from the Registrar & Transfer Agent's portal (www.mdpl.in). The intimation has been filed under Regulation 30 of the SEBI Listing Regulations, 2015.
This is a routine regulatory compliance communication with no direct impact on the company's business or stock price. However, physical shareholders who fail to update their KYC details may face restrictions on transactions or have their folios frozen, so affected investors should act promptly.