Please find enclosed herewith a copy of letter sent to the shareholders holding shares in physical form for furnishing KYC details to RTA.
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Vijay Solvex Ltd has sent a letter to shareholders holding physical securities requesting them to update their KYC details with the company's Registrar and Transfer Agent (RTA), Skyline Financial Services Private Limited. The mandatory KYC requirements include PAN linked to Aadhaar, contact details, bank account information, and specimen signature. Nomination is optional but encouraged. SEBI has mandated that shareholders with deficient KYC folios will not receive investor services (transmission, duplicate certificates, etc.) until KYC is updated, and all dividend payments will be made only via electronic mode from April 1, 2024. The company has also highlighted a Special Window open from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical securities purchased before April 1, 2019. The company strongly advises converting physical shares to demat form for better safety and liquidity.
This filing is routine regulatory compliance and has no direct impact on the company's financial performance or stock price. Shareholders holding physical shares who fail to update KYC may face delays in receiving dividends or accessing investor services until compliance is met.