Alembic Ltd Reminds Physical Shareholders to Update KYC Details

Alembic Ltd has issued a reminder letter to shareholders holding shares in physical form, urging them to update their Know Your Customer (KYC) details, including PAN, bank account, and nomination information. This action is in compliance with SEBI regulations, which mandate these updates for the continued credit of dividends and other corporate benefits. Failure to comply by April 1, 2024, may result in the withholding of dividends, which will only be disbursed electronically after full compliance. The company also encourages shareholders to dematerialize their shares for better liquidity and easier online services.