Share Holders Advised: Physical Security Holders Must Update PAN and KYC Details for Dividend Credit
Investors holding physical securities of AEGISLOGISTICS LIMITED are being urged to complete mandatory Know Your Customer (KYC) and profile updates promptly, as the company requires essential details for proper dividend and interest distribution. This notification applies specifically to shareholders whose shares are held in physical form.The Registrar and Transfer Agent (RTA), M/s MUFG Intime India Private Limited, has requested that all shareholders holding shares in physical mode furnish their PAN, KYC, and Nomination details (optional). The required formats for various KYC processes, including those related to Forms ISR-1, ISR-2, ISR-3, SH-13, and SH-14, are available on the company's website and the RTA’s portal.
Impact of Non-Compliance
The mandatory requirements stipulated for physical security holders include providing their PAN, Postal Address with PIN code, Mobile Number, Bank Account details, Specimen Signature, and Choice of Nomination.Shareholders must note that if they fail to update their PAN, Choice of Nomination, Contact Details, Mobile Number, Bank Account Details, or Specimen Signature, dividend or interest payments will be made exclusively through electronic mode starting from April 01, 2024.
Furthermore, the company has clarified the payment process for those who update their details after the specified date. Any security holder who completes the necessary updates, including PAN and Specimen Signature, will automatically receive all dividends or interest declared during that period (running from April 01, 2024, until the date of updation) pertaining to their securities held post-updation.
The RTA has provided a system to track the current status of mandatory fields for physical folios. Key details required from shareholders include:
| Requirement | Status Field Name |
|---|---|
| Identification Number | PAN (Mandatory) |
| Signature Proof | Specimen Signature (Mandatory) |
| Contact Information | Mobile No. (Mandatory) |
| Succession Planning | Nominee Details (Mandatory) |
| Communication | Email ID (Optional) |
Investors are strongly advised to complete these mandatory fields at the earliest to ensure the timely credit of any declared dividend into their respective bank accounts.
In addition, shareholders holding shares in physical form are requested to convert their holdings from physical form to Demat form as soon as possible, which is noted to be beneficial for market liquidity.
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