Letters Sent to Physical Shareholders Seeking KYC Details
The company has sent individual letters to shareholders still holding shares in physical form who have not updated their KYC details.
- RTA Designated
- Satellite Corporate Services Private Limited
- Required Forms
- Form ISR-1, Form SH-13, Form ISR-3
- Required Details
- PAN, address, email, mobile, bank and demat details
- Scope
- Physical shareholders who have not updated KYC details
What was shared
The company told BSE that it has sent individual letters to shareholders who hold shares in physical mode and have not updated the KYC details mandated by SEBI circulars. A copy of the letter (without folio-specific details) is enclosed and is also being put on the company website.
What shareholders are asked to give
- PAN, address, email address, mobile number, demat account details and bank account details, through Form ISR-1
- Nomination details through Form SH-13, or a declaration to opt out of nomination through Form ISR-3
- Forms are to be sent to the Registrar and Transfer Agent, Satellite Corporate Services Private Limited, or e-mailed duly e-signed from the registered e-mail id
Why it matters to a physical holder
- Service requests and complaints are entertained only after these details/documents are submitted
- Only folios with updated KYC (PAN, choice of nomination, contact details, mobile number, bank account details and specimen signature) are eligible for payments including dividend through electronic mode
- Holders are also asked to ensure PAN is linked to Aadhaar
- The company requests shareholders to dematerialise their shares, citing easier transfer, direct dividend credit and removal of risks tied to physical certificates
How to read this
This is an administrative and investor-servicing communication. It concerns record-keeping for physical shareholders only and does not involve any business, financial or ownership change. Shareholders who have already submitted ISR forms or lodged shares for demat are told to ignore the letter.
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