
Dividend12 Aug 2026, 02:50 pm
Orient Electric: Dividend Withheld for Physical Shareholders Lacking KYC
AI Summary
Orient Electric Ltd has informed its shareholders that dividends for physical security holders whose Know Your Customer (KYC) details are not updated will be withheld from April 1, 2024. This action is in compliance with SEBI's Master Circular dated February 6, 2026. The company has communicated this to affected shareholders, requesting them to submit updated PAN, KYC, and nomination details to receive payments electronically. The final dividend of ₹0.75 per equity share for FY 2025-26, approved at the AGM on July 22, 2026, will be paid only after KYC compliance. Shareholders can submit required forms (ISR-1, ISR-2, SH-13/14/3) physically or electronically to the RTA, KFin Technologies Limited.
Key Highlights
- Dividends for physical shareholders with incomplete KYC will be withheld.
- Compliance with SEBI Master Circular mandates electronic payment post-KYC update.
- Final dividend of ₹0.75 per share for FY25-26 is affected.
- Shareholders must update PAN, KYC, and nomination details.
- Updated details can be submitted physically or electronically to RTA.
Price Impact
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