StockWatch
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Non Banking Financial Company (NBFC)
Regulatory27 May 2026, 06:02 pm

Summit Securities: KYC Details for Physical Shareholders

AI Summary

Summit Securities Ltd. has dispatched communications to shareholders holding shares in physical mode, urging them to furnish their KYC details as mandated by SEBI Master Circular No. HO/38/13/(4)2026-MIRSD-POD/I/4298/2026. The communication, facilitated by MUFG Intime India Private Limited, requests shareholders to update PAN, contact details, bank account details, and specimen signatures. Shareholders must furnish these details to avail investor services and receive dividends electronically from April 1, 2024.

Key Highlights

  • Summit Securities communicates KYC update request to physical shareholders.
  • SEBI mandates PAN, contact, and bank details for physical shareholders.
  • MUFG Intime India dispatches intimation letters to identified shareholders.
  • KYC updation is required for availing investor services.
  • Dividends will be paid electronically after KYC updation from April 1, 2024.