SEBI vide its circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023 read with SEBI circular dated November 17, 2023 and SEBI Master Circular dated May 07, 2024, has prescribed common and simplified norms for processing investor’s service request by RTAs and norms for furnishing PAN, KYC and Nomination details.
As per said circular, all holders of physical securities of the Company are mandatorily required to furnish the following documents / details to the RTA i.e. Alankit Assignments Limited for their corresponding folio number:
In view of the above, members holding shares in physical form are requested to furnish valid PAN, KYC details and Nomination immediately to the RTA in the required attached forms (as detailed below).
All shareholders, who have not yet dematerialized their shares, are also advised to get their shares converted into demat/ electronic form to get inherent benefits of dematerialisation, as transfer of physical shares except for transmission and transposition cases has been stopped w.e.f 01st April 2019 as per SEBI Regulations and settlement of market trades are taking place only in demat mode
Members holding shares in electronic (DEMAT) form are requested to verify and update immediately any change in their address or bank mandates etc. to their respective Depository Participants with whom they are maintaining their demat accounts.