Ashika Global Securities Seeks Shareholders to Update KYC and Banking Details for Securities Holding
Ashika Global Securities Limited, formerly known as Ashika Credit Capital Limited, has initiated a process requiring all shareholders to furnish or update various Know Your Customer (KYC) details. This mandate applies to both physical and dematerialised shareholders of the company.The company informed its stakeholders that updated KYC information is crucial for ensuring smooth transaction processing and timely credit of payments.
For holders of physical securities, Ashika Global Securities Limited requires comprehensive updates including PAN, contact details, bank account particulars, specimen signature updation, and choice of nomination. Shareholders whose folio details are not updated in the Registrar and Share Transfer Agent’s database are cautioned regarding eligibility for certain payments.
The necessary details that shareholders must update include:
| Details to be Updated | Required Form |
|---|---|
| PAN (must be linked with Aadhaar number) | Form ISR - 1 |
| Contact details such as postal address, Mobile number, and E-mail address | Form ISR - 1 |
| Bank account details | Form ISR - 1 |
| Specimen Signature updation | Form ISR - 1 |
Additionally, shareholders may update nomination details using prescribed forms:
- Nomination form (Form SH - 13)
- Cancellation or Variation of Nomination (Form SH - 14)
- For Opting-out of Nomination (Form ISR - 3)
Ashika Global Securities Limited also urges all shareholders to maintain current KYC and bank details with their respective Depository Participants (DP). Shareholders who hold securities in dematerialised form are requested to update their details such as Bank details, Nomination details, Email, and Mobile Number with their DP.
The company stressed that promptly submitting the required documents is essential for ensuring the timely credit of dividend amounts into the shareholder's bank account. Furthermore, shareholders holding physical securities were encouraged to consider dematerialising their shareholding for more efficient investor services.
ASHIKA Stock Price Movement
Ashika Credit Capital Limited shares rallied on Friday, gaining ₹5.95 and closing at ₹396.25, marking a solid gain of 1.52%. The stock finished the session with strong trading volume, processing 142,745 shares.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.