StockWatch
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Stockbroking & Allied
Regulatory17 Aug 2026, 07:00 pm

Asit C Mehta Financial Services Ltd: Shareholder KYC Update

AI Summary

Asit C Mehta Financial Services Ltd has issued a communication to its shareholders regarding SEBI circulars mandating the update of Know Your Customer (KYC) details for physical shares. Shareholders holding shares in physical mode are required to provide PAN, address with PIN code, mobile number, bank account details, and specimen signature. Updating email ID and nominee details is optional. Failure to update mandatory details by April 1, 2024, will result in dividends being paid only through electronic mode. The company also advises shareholders to dematerialize physical shares to benefit from market liquidity and provides instructions for the dematerialization process.

Key Highlights

  • Shareholders must update mandatory KYC details for physical shares.
  • Non-compliance by April 1, 2024, affects dividend payments.
  • Dematerialization of physical shares is encouraged for market liquidity.
  • SEBI circulars mandate PAN, address, mobile, and bank details.