TRF Limited has informed the Exchange regarding 'Intimation to the holders of physical shares to furnish KYC details'.
TRF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TRF Limited has notified stock exchanges about a mandatory KYC updation requirement for shareholders holding physical shares, as mandated by SEBI. The company, through its Registrar and Transfer Agent (RTA) MUFG Intime India Private Limited, has sent letters to identified physical shareholders asking them to submit PAN, address with PIN code, mobile number, bank account details, and specimen signature. If these details are not updated, dividend and interest payments will be made only via electronic mode from April 1, 2024 onwards. Once updated, shareholders will automatically receive any withheld dividends. The RTA has provided multiple submission modes including in-person verification, hard copy, and e-sign.
This is a standard regulatory compliance filing. Physical shareholders who fail to update KYC details may face delays in receiving dividend payments. For the company, it ensures compliance with SEBI's dematerialisation and KYC updation mandate aimed at protecting investor interests.