Updation of KYC details
Important Announcement for Physical Shareholders
SEBI vide its circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023 read with SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated November 03, 2021 & SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/ 2021/687 dated December 14, 2021, had prescribed common and simplified norms for processing investor’s service request by RTAs and norms for furnishing PAN, KYC details and Nomination.
Key highlights of the circular are as under:
All holders of physical securities of the Company are mandatorily required to furnish the following documents / details to the RTA i.e. Alankit Assignments Ltd (Alankit):
- Contact Details
- Bank Account details
- Specimen Signature
Investors shall submit Form ISR-1 to Alankit for updating PAN and other KYC details.
In case of mismatch in the signature of the holder in the records of Alankit, the investor shall furnish original cancelled cheque and banker’s attestation of the signature as per Form ISR-2.
Investors shall continue to use Form SH-13 and SH-14 for declaration of nomination and change in nomination respectively. However, in case investor wants to opt-out of nomination, Form ISR-3 shall be filed.
Investors are requested to ensure the above details are updated with Alankit before October 01, 2023, since folios for which the above details are not available thereafter shall be frozen.
As per amended Regulation 40 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the transfer of securities held in physical form shall not be processed unless the same are held in the dematerialized form with a depository. This implies that you will not be able to transfer the shares held in physical form. Please dematerialize your shares at the earliest.
|Form ISR-1||Request For Registering Pan, KYC Details Or Changes / Updation thereof||Download|
|Form ISR-2||Confirmation of Signature of securities holder by the Banker (in case of major mismatch in the signature of the shareholder)||Download|
|Form ISR-3||Declaration Form for Opting-out/cancellation of Nomination*||Download|
|SH-13||Registration of Nomination||Download|
|SH-14||Cancellation or Variation of Nomination||Download|