Force Motors Ltd Seeks PAN, KYC Details from Physical Shareholders
Force Motors Ltd has issued a communication to its shareholders holding shares in physical mode, requesting them to furnish their Permanent Account Number (PAN), Know Your Customer (KYC) details, and other relevant information. This is in compliance with SEBI regulations and aims to update the records with the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited. Shareholders are urged to provide mandatory details like PAN, specimen signature, mobile number, and bank account information to ensure uninterrupted dividend payments and smooth transmission of securities. Failure to update these details by April 1, 2024, may result in dividends being paid only through electronic mode after compliance.
Key Highlights
- Force Motors requests PAN and KYC details from physical shareholders.
- Mandatory fields include PAN, signature, mobile number, and bank details.
- Non-compliance may affect dividend payments and securities transmission.
- SEBI regulations mandate these updates for physical shareholders.
- Shareholders can submit forms like ISR-1, ISR-2, and ISR-3.
Price Impact
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