Submission of intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 for sending letter to Shareholders holding shares in physicals form for mandatory provide their KYC and other ....
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Awaiting price reaction for this filing.
Tirupati Starch & Chemicals has informed the BSE that it is sending letters to shareholders who still hold shares in physical form, asking them to update their PAN, nomination, postal address with PIN, mobile number, email, bank account details, and specimen signature with the company's Registrar and Share Transfer Agent (Ankit Consultancy Private Limited). This follows SEBI circulars from November 2021 and subsequent amendments, consolidated under the Master Circular dated May 7, 2024. Shareholders who do not update these details will not be able to lodge grievances with the RTA or avail any service request. From April 1, 2024, any dividend, interest, or redemption payments to such non-updated folios will be made only through electronic mode. This is a routine regulatory compliance filing with no change to business operations.
No material impact on the stock or general shareholders. Only shareholders who hold physical (paper) shares need to act — they should update their KYC details with the RTA to avoid disruption in receiving dividend and other payments.