
Raja Bahadur Intimates Physical Shareholders on KYC Update
Raja Bahadur International Ltd has issued an intimation to its physical shareholders regarding the mandatory update of Know Your Customer (KYC) details. This action is in compliance with SEBI regulations, specifically circulars dated November 3, 2021, and December 14, 2021. Shareholders holding shares in physical form are required to submit PAN, KYC details, and nomination information to the Registrar and Transfer Agent (RTA), Satellite Corporate Services Private Limited. Forms for these submissions are available on the company's and RTA's websites. The company also highlighted that corporate benefits like dividends will be paid electronically only, and encouraged submission of nomination details despite recent SEBI relaxations to safeguard shareholder interests. An online dispute resolution mechanism is also available.
Key Highlights
- Physical shareholders must update KYC details as per SEBI norms.
- Mandatory submission of PAN, KYC, and nomination to RTA.
- Corporate benefits will be paid via electronic mode only.
- Nomination submission encouraged for safeguarding interests.
- Online Dispute Resolution mechanism is available for shareholders.
Price Impact
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