Thrive Future Habitats: Letter to Shareholders on Physical Shares
Thrive Future Habitats Ltd (formerly Ador Multiproducts Ltd) has issued a letter to shareholders holding shares in physical mode, as per SEBI regulations. The letter mandates the submission of PAN linked with Aadhaar, KYC details, and nomination for updating records with the Registrar and Transfer Agent (RTA), BgSE Financials Limited. Shareholders failing to comply will be restricted from lodging grievances or availing services and will only receive payments electronically from April 1, 2024. The company also urges shareholders to dematerialize their shares, as transfers of physical shares are no longer processed without dematerialization. Shareholders can submit documents via post or electronically.
Key Highlights
- Shareholders with physical shares must update PAN, KYC, and bank details.
- Non-compliance restricts service requests and mandates electronic payments.
- Dematerialization of shares is now mandatory for transfers.
- SEBI mandates these updates for compliance and smooth transactions.
- Shareholders can submit documents physically or electronically.
Price Impact
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