VST Industries Limited has informed the Exchange about Intimation to the shareholders of physical shares to furnish KYC details
VSTIND · price
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VST Industries has sent letters to shareholders who hold shares in physical (paper) form, asking them to update their KYC details with the company's registrar KFin Technologies. The required details include PAN, nomination, contact details, mobile number, email, bank account details, and signature, using Forms ISR-1, ISR-2, and SH-13. This follows SEBI's circulars from November 2021 and March 2023, which make KYC updation mandatory for physical share holders. Shareholders who fail to update KYC will not be able to lodge grievances, avail RTA services, or receive dividends and other payments, which will be processed only in electronic mode.
This is a routine regulatory compliance communication and is unlikely to have any material impact on the stock price. Shareholders holding VST Industries shares in physical form should update their KYC promptly to avoid missing out on future dividends and corporate actions.