Deepak Fertilizers Issues Reminder for Physical Shareholders to Furnish KYC and Nomination Details
Deepak Fertilizers and Petrochemicals Corporation Limited has issued a reminder to shareholders holding physical securities, requesting them to furnish mandatory Know Your Customer (KYC) details and nomination information. The company directed shareholders to update their records with the Registrar and Transfer Agent (RTA), Kfin Technologies Limited (Kfin).The initiative aims to ensure compliance with regulations concerning security holders who maintain their holdings in physical form. Shareholders are required to provide comprehensive KYC details, including PAN, address, email ID, mobile number, signature, and bank account information. Nomination details are also mandatory for the specified group of shareholders.
A detailed list outlining all requirements has been provided:
| Particulars | Details Required | Related Form/Action |
|---|---|---|
| PAN and Address | KYC Documentation | Form No. ISR-1 |
| Email address & Mobile number | Contact Information | Form No. ISR-1 |
| Demat account details | Account Specification | Form No. ISR-1 |
| Bank account details | Payment Details | Form No. ISR-1 |
| Nomination details | Succession Planning | Form:SH-13 |
| Declaration to opt out nomination | Non-Nomination Choice | Form: ISR-3 |
Shareholders are instructed to submit the duly signed documents and related proofs to Kfin Technologies Limited, located at Selenium Building, Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad.
The company clarified that updating KYC details is critical for various financial processes. According to the notification, security holders who do not update their KYC will face restrictions on services provided by the RTA. Specifically, grievances and service requests can only be lodged after furnishing all required KYC documents. Furthermore, any payments, including dividends, interest, or redemption payment related to such folios, will only be payable through electronic mode with effect from April 1, 2024, once complete KYC is provided.
The prescribed forms for updating details are available on the company’s website and the RTA's designated portal.
DEEPAKFERT Stock Price Movement
Deepak Fertilizers and Petrochemicals Corporation Limited shed 1.77% in trading today, concluding the session at ₹1498.00. The equity closed near its daily low, having traded within a range established between ₹1490.00 and ₹1542.10.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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