Regulatory29 Jun 2026, 08:00 pm
R Systems Reminds Shareholders to Update PAN, KYC, Bank Details
AI Summary
R Systems International Ltd has issued a reminder to shareholders holding shares in physical mode to update their PAN, KYC, and bank details as per SEBI regulations. This is crucial for receiving payments like dividends electronically, effective from April 1, 2024. Shareholders who update after this date will receive any accrued payments post-updation. The company has provided links to the necessary forms on its website and the RTA's website. It also reiterates that transfer of shares in physical form is not permitted since April 1, 2019, and encourages conversion to demat form for better market liquidity.
Key Highlights
- Shareholders with physical shares must update PAN, KYC, and bank details.
- Mandatory updates are required for electronic payment of dividends from April 1, 2024.
- Physical share transfers are prohibited; dematerialization is encouraged.
- Updated details ensure timely credit of future dividend payments.
- Multiple submission modes available: In Person, Post, or Electronic with e-sign.
Price Impact
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