Regulatory20 Aug 2026, 12:47 pm
Inter State Oil Carrier Ltd Seeks KYC Update from Physical Shareholders
AI Summary
Inter State Oil Carrier Ltd has issued an intimation to shareholders holding shares in physical mode, requesting an update of their Know Your Customer (KYC) details. This includes PAN, postal address, mobile number, bank account details, and specimen signature. This action is mandated by SEBI directives, effective April 1, 2024, requiring electronic mode for payments like dividends and interest to physical security holders. Failure to update details will prevent remittances through usual modes. Shareholders can download KYC forms from the company's or RTA's website and must submit them with self-attested documents.
Key Highlights
- Shareholders in physical mode must update KYC details urgently.
- Mandatory electronic payments for dividends/interest from April 1, 2024.
- Non-compliance will halt remittances to physical shareholders.
- KYC forms available on company and RTA websites.
- Forms ISR-1 and ISR-2 are mandatory; ISR-3/SH-13/SH-14 are optional.
Price Impact
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