StockWatch
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2/3 Wheelers
Corporate Action4 Jun 2026, 05:41 pm

Bajaj Auto Seeks KYC Update from Physical Shareholders

AI Summary

Bajaj Auto has informed its shareholders holding shares in physical mode about the mandatory requirement to update their Know Your Customer (KYC) details as per SEBI's Master Circular dated February 6, 2026. This update is crucial for receiving payments, including dividends, which will be withheld if KYC is not completed. Shareholders need to submit updated PAN, address, mobile number, email, bank details, and nomination information to the company's Registrar and Share Transfer Agent, KFin Technologies Limited. The company also encourages shareholders to dematerialize their shares and highlights the shift to electronic dividend payments only, discontinuing payable-at-par warrants/cheques.

Key Highlights

  • Bajaj Auto urges physical shareholders to update KYC details per SEBI mandate.
  • Failure to update KYC may result in dividend payments being withheld.
  • Shareholders must submit PAN, address, bank, and nomination details.
  • Company encourages dematerialization of physical shares.
  • Dividend payments will exclusively be via electronic mode.