StockWatch
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Sugar
Dividend1 Jul 2026, 05:30 pm

Ponni Sugars Urges Shareholders to Update KYC for Dividend Payout

AI Summary

Ponni Sugars (Erode) Ltd has issued an intimation to its shareholders holding physical securities, urging them to update their PAN and KYC details with the Registrar and Transfer Agent (RTA) or the company. This is a mandatory requirement as per SEBI regulations for receiving dividends through electronic mode. The company has recommended a dividend of ₹5 per equity share for FY 2025-26, which has been approved by shareholders. Shareholders who have not yet provided complete KYC details, including PAN, postal address, mobile number, and bank account, are at risk of their dividend remaining in the company's account. The necessary forms can be downloaded from the company's and RTA's websites.

Key Highlights

  • Shareholders must update PAN and KYC details for electronic dividend payments.
  • Mandatory SEBI requirement for physical security holders.
  • Dividend of ₹5 per share recommended for FY 2025-26.
  • Unregistered KYC details may lead to dividend being held by the company.