Notice to physical shareholders to update PAN, KYC, nomination and bank details
The company has written to shareholders holding shares in physical form, asking them to submit PAN (linked with Aadhaar), address, mobile number, bank details, specimen signature and nomination to RTA MAS Services Limited.
- RTA
- MAS Services Limited
- Required Documents
- PAN linked with Aadhaar, address, mobile number, bank details, specimen signature, nomination
- Forms Required
- ISR-1, ISR-2, ISR-3, SH-13, SH-14
- Payment Mode Effective Date
- 1st April 2024 - electronic mode only
What was shared
The company informed BSE that it has sent a letter to shareholders who still hold shares in physical form, asking them to complete their KYC with the Registrar and Transfer Agent.
What shareholders must submit
- PAN, which must be linked with Aadhaar
- Address with PIN code and mobile number
- Bank account details
- Specimen signature
- Nomination (or a declaration to opt out)
- Email ID is optional but encouraged
Why it matters for such folios
- Grievances or service requests can be taken up by the RTA only after these details are furnished.
- Any payment, including dividend if declared, is made only through electronic mode with effect from 1st April 2024.
- If PAN is not linked with Aadhaar, it is treated as inoperative and the folio is handled as one without PAN.
Forms involved
- ISR-1 for PAN, address, email, mobile and bank details
- ISR-2 along with ISR-1 for confirmation of signature
- SH-13 for nomination, SH-14 for change or cancellation, ISR-3 to opt out
How to submit
In person verification with the RTA, by post to MAS Services Limited at Okhla Industrial Area, Phase II, New Delhi, or by e-signed email from the registered email ID.
Takeaway
This is an investor-servicing intimation affecting only holders of physical shares. It carries no financial or operational impact on the company.
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