StockWatch
·
Investment Company
Regulatory17 Jun 2026, 06:00 pm

Dhunseri Investments advises physical security holders to update KYC

AI Summary

Dhunseri Investments Ltd has issued an intimation to holders of physical securities, making it mandatory to furnish PAN, KYC, and nomination details. This directive aligns with SEBI Circulars dated March 16, 2023, June 10, 2024, and a SEBI directive from January 17, 2024. Effective April 1, 2024, security holders with physical holdings whose folios lack updated PAN, nomination choice, contact details, mobile number, bank account details, and specimen signature will only be eligible for payments like dividends, interest, or redemption through electronic mode after providing all required information. Shareholders are advised to submit prescribed forms (ISR 1, ISR 2, ISR 3, SH13, SH 14) along with banker-attested signatures and a cancelled cheque to the company's Registrar and Share Transfer Agent (RTA) or the registered office. While PAN and KYC compliance are mandatory for dividend receipt, providing a choice of nomination is optional.

Key Highlights

  • Dhunseri Investments mandates KYC updates for physical security holders.
  • Compliance with SEBI circulars for PAN, KYC, and nomination is required.
  • Electronic payments (dividends) from April 1, 2024, require full KYC.
  • Shareholders must submit specific forms (ISR1, ISR2) to RTA or company.
  • PAN is mandatory for dividend receipt; nomination is optional.