Regulatory20 Jul 2026, 03:02 pm
VLS Finance Ltd: KYC Update for Physical Shareholders
AI Summary
VLS Finance Ltd has dispatched letters to shareholders holding shares in physical form, urging them to update their PAN, KYC details, and nomination information as mandated by SEBI. Failure to comply by April 1, 2024, will result in dividend payments being withheld and remitted only through electronic mode after updation. The company also informed about the potential transfer of unpaid dividends to the IEPF in October 2026 for eligible shareholders. Updated KYC forms are available on the company's website.
Key Highlights
- Shareholders with physical shares must update PAN, KYC, and nomination details.
- Dividends will be withheld for non-compliant shareholders from April 1, 2024.
- Unpaid dividends may be transferred to IEPF in October 2026.
- KYC forms are available on the VLS Finance website.
- SEBI mandates these updates for all physical security holders.
Price Impact
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