Vinyl Chemicals (India) Limited has informed the Exchange regarding ''.Intimation to shareholders holding shares in physical mode regarding mandatory furnishing of PAN, KYC and Bank details as per SEBI Circular dated 17th May, 2023
VINYLINDIA · price
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Vinyl Chemicals (India) Limited has informed the stock exchanges that it is sending reminder letters to shareholders who still hold shares in physical (paper) form, asking them to update their PAN, address, mobile number, email, bank account details and specimen signature with the company's Registrar and Transfer Agent, MUFG Intime India Private Limited. This is being done to comply with SEBI circulars dated 17th May 2023 and 7th May 2024, which make it mandatory for all physical shareholders to furnish these KYC details. As per SEBI rules, from 1st April 2024, any dividend or interest payment to physical folios that have not updated their KYC can only be made through electronic mode. Shareholders can submit the required details using Form ISR-1 and ISR-2, which are available on the company's website (www.vinylchemicals.com) and the RTA's website. This is a routine compliance communication with no connection to any financial results, dividend declaration, or corporate action.
For physical shareholders who ignore this reminder, future dividend payments may be delayed or restricted to electronic credit only, so they should update their KYC at the earliest. For the stock itself, this is a standard regulatory compliance intimation and has no material impact on price or business performance.