Visaka Industries Limited has informed the Exchange about General Updates
VISAKAIND · price
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Visaka Industries has sent a reminder letter on July 8, 2025, through its registrar Kfin Technologies, to all members who still hold shares in physical (paper) form. The letter asks them to update their KYC details such as PAN, nomination, contact details, mobile number, email, bank account details, and signature, as required by SEBI circulars from May and June 2024. Shareholders who do not complete this update will not be able to raise grievances with the registrar or receive dividend, interest, or other payments, which are now processed only through electronic mode. The company has also asked physical shareholders to convert their holdings into demat form, since transfers in physical form have not been allowed since April 1, 2019.
This is a routine regulatory compliance communication and does not affect the company's financials or operations. However, shareholders holding Visaka shares in physical form should update their KYC promptly to avoid missing out on future dividend payments and other shareholder services.