Sharda Motor: Dividend Withheld for FY26 Due to KYC Issues

Sharda Motor Industries Ltd has announced that the final dividend for FY 2025-26, approved at the 41st AGM, is being withheld for certain shareholders. This action is due to non-submission or non-updation of Know Your Customer (KYC) details, including incomplete or incorrect bank account information. SEBI regulations mandate electronic dividend payments, discontinuing other modes. Shareholders affected are urged to update their KYC details with the Registrar & Transfer Agent (RTA) or their Depository Participants (DPs) to receive their dividend payment electronically.