StockWatch
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Plastic Products - Consumer
Corporate Action8 Sept 2026, 05:00 pm

Safari Industries Intimates Physical Shareholders on PAN, KYC Update

AI Summary

Safari Industries India Ltd has issued an intimation to its physical shareholders regarding the mandatory furnishing and updating of their PAN, KYC details, and nomination information. This action is in compliance with SEBI's Master Circular dated February 6, 2026. Physical shareholders must provide updated contact details, bank account information, specimen signature, and nomination choice to the company's Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited. Failure to comply by April 1, 2024, will result in the withholding of dividend payments, which will only be processed electronically after KYC details are submitted. Shareholders can access the necessary forms on the company's and RTA's websites. The company also urges shareholders to dematerialize their shares.

Key Highlights

  • Physical shareholders must update PAN, KYC, and nomination details.
  • Non-compliance by April 1, 2024, will halt dividend payments.
  • Dividends will be paid electronically only after KYC is complete.
  • Shareholders are encouraged to dematerialize their shares.
  • Forms and instructions are available on company and RTA websites.