StockWatch
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Commodity Chemicals
Regulatory3 Jul 2026, 04:00 pm

Gujarat Alkalies Urges Physical Shareholders to Update PAN, KYC, Nomination

AI Summary

Gujarat Alkalies and Chemicals Ltd (GACL) has communicated to shareholders holding shares in physical form, urging them to register their PAN, KYC details, and nomination. This action is in compliance with SEBI circulars mandating the update of PAN, address, mobile number, bank details, specimen signature, and nomination for physical shareholders. Failure to update these details by April 1, 2024, will result in the withholding of dividends and other payments, which will only be released electronically after compliance. GACL's Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has sent out letters to affected shareholders. The company also highlighted a special window for dematerialisation of physical securities sold/purchased before April 1, 2019, open until February 4, 2027.

Key Highlights

  • Shareholders with physical shares must update PAN, KYC, and nomination details.
  • Non-compliance by April 1, 2024, leads to dividend withholding.
  • Updated details are mandatory for receiving dividends electronically.
  • A special window exists for dematerialising pre-April 2019 physical shares.