Andhra Paper Asks Physical Shareholders to Furnish KYC Details
Andhra Paper Limited has issued an intimation to its physical shareholders requesting them to furnish and update their Know Your Customer (KYC) details with the company's Registrar and Transfer Agent (RTA), KFin Technologies Limited. This action is in compliance with SEBI regulations and circulars, mandating the submission of PAN, contact details, bank account information, and specimen signatures. Shareholders who fail to update their KYC may face restrictions on lodging grievances, availing services, and receiving payments, including dividends, which will be processed electronically only from April 1, 2024. The company has provided specific forms (ISR-1, ISR-2, SH-13, ISR-3) and submission methods via hard copy, email, or the RTA's web portal.
Key Highlights
- Physical shareholders must update KYC details as per SEBI mandate.
- Failure to update may restrict services and payment processing.
- Dividends will be paid electronically from April 1, 2024.
- Specific forms and submission methods are provided by the RTA.
- PAN must be linked with Aadhaar for validity.
Price Impact
More from ANDHRAPAP