Hitachi Energy Issues Mandatory KYC Update Notice for Physical Securities Holders
Shareholders holding physical securities in Hitachi Energy India Limited are being urgently requested to furnish mandatory Know Your Customer (KYC) details, PAN information, and nomination declarations to ensure the seamless credit of payments.The company has emphasized that all shareholders with folio numbers not yet updated with complete KYC documentation must immediately submit required forms to the Registrar and Transfer Agent (RTA), KFin Technologies Limited.
To facilitate these updates, the company provided a comprehensive list detailing the necessary information for physical security holders. These details include PAN registration, address proof, email address, mobile number, bank account details, and specimen signature. Shareholders are also requested to furnish nomination particulars or file a declaration opting out of nomination, as per designated forms.
The required documents cover various aspects of investor identity and banking status:
| Particulars | Required Action / Form |
|---|---|
| PAN Registration | Furnish PAN details (Form ISR-1) |
| Address Details | Provide proof of address (Form ISR-1) |
| Contact Information | Update email address and mobile number (Form ISR-1) |
| Banking Details | Submit bank account information and cancelled cheque or statement (Form ISR-2) |
| Signature Verification | Provide specimen signature details (Form ISR-2) |
| Nomination Status | Complete nomination form (SH-13) or declaration to opt out of nomination (ISR-3) |
Impact on Dividends and Payments
The company highlighted the importance of these updates, stating that shareholders who have failed to update their mandatory details are currently ineligible for any payments regarding their folios.
It was clarified that all shareholders must be registered with complete KYC details to be eligible for dividend payouts. The effective date for eligibility in electronic mode is April 01, 2024. Accordingly, the dividend payable against holdings is subject to being withheld if KYC details are not updated promptly.
The deadline set for forwarding the duly filled and attested documents is August 14, 2026.
Payment Mode Transition
In addition to service requests, the company noted that with effect from November 19, 2025, all dividend payments must be made exclusively through electronic modes approved by the RBI, eliminating physical warrants or cheques.
Upon successful updation and validation of KYC details and bank account information, any unpaid dividends eligible for remittance will be credited directly to the registered bank account in an electronic format.
Shareholders can submit their documents via hard copies (self-attested and dated) at KFin Technologies Limited or through the company's dedicated web portal.
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