Bervin Investment Urges Physical Shareholder KYC & Demat Conversion

Bervin Investment & Leasing Ltd has issued an intimation to shareholders holding physical shares, urging them to furnish PAN and KYC details. This is in line with SEBI regulations, making it mandatory for updating contact, bank details, and specimen signatures. Failure to comply will restrict grievance lodging and service requests. Effective April 1, 2024, payments like dividends will only be processed electronically after these details are furnished. Shareholders are advised to use ISR Forms (ISR-1, ISR-2, ISR-3, SH-13, SH-14) for updates, with submission options including In Person Verification (IPV), Post/Courier, or electronic mode with e-sign. The company also highlighted SEBI's mandate for dematerialized holdings for transfers and service requests, encouraging physical shareholders to convert their holdings to demat for ease and risk reduction. A special window for re-lodging rejected transfer deeds lodged before April 1, 2019, was also mentioned.