
Corporate Governance5 Jun 2026, 05:43 pm
Alembic Pharma Reminds Physical Shareholders to Update KYC
AI Summary
Alembic Pharmaceuticals 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 continued dividend payments and to facilitate electronic credit. Failure to update by April 1, 2024, may result in dividend withholding. The company also encourages shareholders to dematerialize their shares for better liquidity and easier transactions.
Key Highlights
- Shareholders with physical shares must update KYC details by April 1, 2024.
- Failure to update KYC may lead to dividend withholding.
- Company encourages dematerialization of physical shares.
- Updates are required for PAN, bank details, and nomination.
- Compliance with SEBI Master Circular is mandatory.
Price Impact
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