Letter to Physical Shareholders on Mandatory PAN, KYC and Bank Details Updation
The company has sent a letter to shareholders holding shares in physical form, asking them to furnish PAN, signature, mobile number and bank account details to RTA MUFG Intime India.
- RTA
- MUFG Intime India Private Limited
- Required Details
- PAN, specimen signature, mobile number and bank account details
- Dividend Payment Mode
- Compulsorily through electronic mode
- Physical Share Transfer
- Not permitted with effect from April 01, 2019
- Regulation
- SEBI LODR Fifth Amendment Regulations, 2025
What was shared
Indoco Remedies informed the exchanges, under Regulation 30 and Part A of Schedule III of SEBI LODR, that it has dispatched a letter to shareholders who still hold shares in physical form.
What shareholders are asked to do
- Furnish or update PAN, specimen signature, mobile number and bank account details (bank name, account number, IFSC) with the RTA.
- Email ID and choice of nomination are optional, but registering them is encouraged for online services and nomination benefit.
- Forms ISR-1, ISR-2, ISR-3, SH-13 and SH-14 are available on the RTA's website.
Consequences of not updating
- Grievances or service requests with the RTA/Company can be taken up only after the complete details are furnished.
- With effect from April 01, 2024, any payment such as dividend, interest or redemption for such folios is possible only in electronic mode once all details are furnished.
- Under the SEBI LODR Fifth Amendment Regulations, 2025, all dividends must be paid compulsorily through electronic mode, so updated bank details are needed for timely credit.
Registrar details
The RTA is MUFG Intime India Private Limited (formerly Link Intime India Private Limited), Vikhroli (West), Mumbai.
Dematerialisation
Transfer of shares in physical form has not been permitted with effect from April 01, 2019. Shareholders are requested to convert physical holdings to demat through a SEBI registered depository participant, which the letter notes is beneficial for market liquidity.
This is an investor-servicing communication and does not relate to the company's business operations or financial performance.
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