Aegis Logistics Shareholders Urged to Update KYC and PAN Details for Physical Securities
Shareholders holding physical shares of Aegis Logistics Limited are being alerted by the company's Registrar and Transfer Agent (RTA) regarding the mandatory requirement to furnish updated Permanent Account Number (PAN), Know Your Customer (KYC) details, and other specific information. This drive aims to ensure proper updation records for dividend crediting purposes.M/s MUFG Intime India Private Limited, acting as the RTA for Aegis Logistics Limited, has issued a reminder stating that physical security holders must comply with these requirements. These mandatory updates are essential for enabling the credit of any dividends declared by the issuer company or those lying unclaimed in the dividend accounts.
The requirement applies to all shareholders who hold shares in physical mode and whose PAN and KYC details have not been registered in the company's records. Shareholders are requested to comply with the required mandatory fields promptly.
Key aspects related to the updating of KYC details include:
- Dividend Payment: In cases where the PAN, Choice of Nomination, Contact Details (including Mobile Number), Bank Account Details, and Specimen Signature are not updated for physical folios, dividends or interest will be paid only through electronic mode starting from April 01, 2024.
- Updated Folios: If a security holder updates the PAN, Choice of Nomination, Contact Details including Mobile Number, Bank Account Details, and Specimen Signature after April 01, 2024, they will automatically receive all declared dividends or interest pertaining to the securities held since that updation date.
The RTA has provided a structure for shareholders to reference their folios and update details, requiring mandatory information such as PAN, Specimen Signature, Mobile No., Nominee Details, along with Bank details including Bank Account Number and IFSC.
A note was also added advising physical share holders that converting shares from physical form to demat form would be beneficial for market liquidity.
AEGISLOG Stock Price Movement
Aegis Logistics Limited shares slipped today, closing at ₹985.7 after falling 0.52% in post-market trading. The equity saw considerable movement throughout the session, ranging between a low of ₹965.6 and an intraday high of ₹1001.75 amid 4.13 million shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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