
Regulatory22 Jun 2026, 05:30 pm
Bharat Bhushan Finance Urges Physical Shareholders to Update KYC
AI Summary
Bharat Bhushan Finance & Commodity Brokers Ltd is issuing a direct intimation to shareholders holding shares in physical mode, requesting them to submit or update their PAN, KYC, Nomination, and Bank details. This action is in compliance with SEBI regulations and circulars, particularly those mandating electronic payments for dividends and restricting the transfer of physical shares unless dematerialized. Shareholders who fail to update their details risk having dividend payments withheld and will be unable to transfer their physical shares. The company, along with its Registrar and Share Transfer Agent, Alankit Assignments Limited, has provided the necessary forms and instructions for compliance.
Key Highlights
- Shareholders with physical shares must update PAN, KYC, and bank details.
- Failure to comply may result in dividend withholding.
- Physical shares cannot be transferred without dematerialization.
- Updated forms are available on company and RTA websites.
- Compliance is mandated by SEBI for electronic payments and transfers.
Price Impact
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