Purshottam Investofin asks physical shareholders to update KYC
Purshottam Investofin Ltd has informed shareholders holding physical shares about the SEBI Master Circular dated February 6, 2026. This circular mandates physical shareholders to update their PAN, KYC details (including contact, specimen signature, nomination, and bank details) with the company's Registrar and Transfer Agent (RTA), MAS Services Limited. Failure to update these details will restrict shareholders from lodging grievances or availing services from the RTA. Additionally, any payments, including dividends, will only be made through electronic mode from April 1, 2024, for non-compliant folios. The company emphasizes that PAN must be linked with Aadhaar, as unlinked PANs will be considered invalid, leading to the folio being treated as if PAN was not furnished. Various forms (ISR-1, ISR-2, SH-13, SH-14, ISR-3) are specified for different updates, and submission can be done via In Person Verification, post, or e-signed email.
Key Highlights
- SEBI circular mandates physical shareholders to update PAN, KYC, bank, and nomination details.
- Non-compliance restricts services and mandates electronic dividend payments from April 1, 2024.
- PAN must be linked with Aadhaar; unlinked PANs will be considered invalid.
- Specific forms (ISR-1, SH-13, etc.) are required for different updates.
- Shareholders can submit documents via in-person verification, post, or e-signed email.
Price Impact
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