
Saven Technologies Urges Shareholders to Update Details
Saven Technologies Ltd has issued a communication to its shareholders, urging them to update their email IDs, Permanent Account Number (PAN), and bank mandates. This is in line with Ministry of Corporate Affairs (MCA) and SEBI regulations allowing virtual AGMs and digital communication. Shareholders with physical holdings should send updated details and KYC documents to investorrelations@saven.in or XL Softech Systems Limited. Those with demat holdings should update through their Depository Participant. Updating these details is crucial for timely receipt of dividends and to prevent fraudulent encashment of warrants. The company emphasizes that physical dispatch of documents is no longer feasible.
Key Highlights
- Shareholders urged to update email, PAN, and bank mandates.
- Digital communication mandated by MCA and SEBI for AGMs.
- Updates ensure timely dividend payments and prevent fraud.
- Physical dispatch of documents will cease.
- Action required for both physical and demat holdings.
Price Impact
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