BBTCL Dispatches SEBI Circular Communication to Physical Shareholders
The Bombay Burmah Trading Corporation Ltd (BBTCL) has dispatched a communication letter to its shareholders holding shares in physical mode, as per SEBI Circular dated March 16, 2023. The letter addresses the mandatory furnishing of PAN, KYC details (including email, mobile, bank account), and nomination for physical folios to avail uninterrupted service requests and dividend credits. Shareholders whose folios lack these details will face restrictions on service requests and electronic-only payments from April 1, 2024, unless they comply. BBTCL urges shareholders to submit the required forms to their Registrar and Transfer Agent, KFin Technologies Limited, and also encourages dematerialization of physical shares.
Key Highlights
- BBTCL communicates SEBI guidelines on KYC and nomination for physical shareholders.
- Mandatory PAN, KYC, and nomination required for uninterrupted service requests.
- Dividend payments will be electronic-only for incomplete folios from April 1, 2024.
- Shareholders urged to submit required forms to RTA and dematerialize shares.
Price Impact
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