Tecil Chemicals and Hydro Power Ltd Urges Shareholders to Update KYC, Bank Details For Physical Shares
Tecil Chemicals & Hydro Power Ltd has issued an appeal to all shareholders holding shares in physical form, requesting them to furnish comprehensive Know Your Customer (KYC) details, Permanent Account Number (PAN), bank account information, and specimen signature. This initiative seeks to complete the necessary updation of shareholder records.The company's request follows observations made on their records indicating that certain information related to shareholders remains incomplete. Shareholders are urged to review the required details and submit the necessary documents immediately to ensure seamless record maintenance.
A critical point highlighted by Tecil Chemicals & Hydro Power Ltd is related to dividend payments for those holding physical securities. As per SEBI Master Circular, it has been noted that dividends will be paid exclusively through electronic mode starting from April 01, 2024, requiring prompt submission of PAN and KYC documents.
The required details for shareholders include:
| Particulars | Required Action/Status |
|---|---|
| PAN of Sole / First Holder | Submission via Form ISR -1 |
| Postal Address with PIN | Submission via Form ISR -1 |
| Email Address | Submission via Form ISR -1 |
| Mobile Number (10 digits) | Submission via Form ISR -1 |
| Bank Account Details (Name, Branch, Account No.) | Submission via Form ISR -1 |
| Specimen Signature | Confirmation via Form ISR-2 or through the designated office in Chennai |
| Nomination | Completion of Nomination via Form SHI3 or Form ISR-3 |
The company stated that its Registrar and Share Transfer Agent (RTA), Cameo Corporate Services Ltd., is the recipient for these documents. Shareholders who fail to provide the necessary PAN and KYC documentation will be unable to receive service requests processed by the RTA.
TECILCHEM Stock Price Movement
As of 11:36 AM, shares of TECIL Chemicals and Hydro Power Limited are slipping by 0.31% in live trading, currently at ₹9.63. The stock saw a traded volume of 350 shares so far today.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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