Attention-Physical-Shareholders!!!

KIN~UNKNOWN

SEBI mandates that all holders of physical shares in listed companies furnish PAN, nomination details, contact information, bank account details, and a specimen signature to their Registrar and Share Transfer Agent (RTA). Failure to comply will result in folios being frozen, and the shares may be referred to administrative authorities under relevant Acts.

Key SEBI Guidelines:
Mandatory Documents
PAN: Permanent Account Number.
Nomination: Nomination details for all eligible folios.
Contact Details: Postal address, email ID, and mobile number.
Bank Account Details: Bank name, branch, account number, and IFSC code.
Specimen Signature: A specimen signature of the shareholder.
Folio Freezing:
Folios will be frozen if any of the above documents/details are not provided.
Consequences of Freezing:
Investors may not be able to lodge grievances, avail services from the RTA, or receive dividends.
Frozen folios may be referred to administrative authorities.
Dematerialization:
Shares held in physical form should be dematerialized as per SEBI guidelines.
Transfer of Physical Shares:
Listed companies are not allowed to accept transfer requests for shares held in physical form after April 1, 2019.
Consequences of Non-Compliance:
Folios will be frozen.
Shares may be invalid for bonus, dividends, and other corporate actions.
Shares may be referred to administrative authorities.
Important Considerations:
The deadline for providing documents and dematerializing physical shares has been extended to June 30, 2025.
Investors should ensure they have all the necessary documents and complete the dematerialization process as soon as possible.

Source - www.sebi.gov.in

Posted On: 2025-05-30