Arvind Ltd Seeks Shareholder KYC Updation
Arvind Ltd has issued a communication to its shareholders, particularly those holding shares in physical form, requesting the updation of their Know Your Customer (KYC) details. This includes PAN, contact information (postal address, mobile number), bank account details, and specimen signatures, as mandated by SEBI regulations. Failure to update these details by April 1, 2024, may result in the withholding of dividends and other payments, which will then be credited only after the details are furnished. Shareholders are urged to complete these updates promptly using the specified forms available on the company's and its Registrar and Share Transfer Agent's (RTA) websites to ensure timely credit of future dividends.
Key Highlights
- Arvind Ltd requires shareholders to update KYC details, including PAN and contact information.
- Updation is mandatory for holders of physical securities as per SEBI regulations.
- Non-compliance by April 1, 2024, may lead to dividend payments being withheld.
- Shareholders are encouraged to convert physical shares to demat form.
- Updated details ensure timely credit of dividends and other payments.
Price Impact
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