ADVICE FOR SHAREHOLDERS HOLDING SHARES IN PHYSICAL MODE
SEBI vide its circulars SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 and SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated November 03, 2021 and January 25, 2022 respectively, has introduced common and simplified norms for processing investor’s service request by RTAs and norms for furnishing PAN, KYC details and Nomination.
Key highlights of the circular are as under:
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Common and simplified norms for processing investor service requests pertaining to furnishing of PAN, KYC and nomination details by Registrar and Transfer Agents (RTAs)
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Electronic interface for processing investor’s queries, complaints, and service requests
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Mandatory furnishing of PAN, KYC details and nomination by holders of physical securities
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Freezing of folios without valid PAN, KYC details and nomination
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Compulsory linking of PAN and Aadhar by all holders of physical securities
SEBI has introduced the following forms to standardize and simplify the processing of investor services requests by RTAs:
| Form | Title |
|---|---|
| ISR-1 | Register/Change PAN & KYC Details |
| ISR-2 | Confirmation of Signature of Securities Holder by Bank |
| ISR-3 | Declaration for Opting-Out of Nomination |
| ISR-4 | Request for issue of Duplicate Certificate and other Service Requests |
| SH-13 | Registration of Nomination |
| SH-14 | Cancellation or Variation of Nomination |
Investors are requested to ensure the above details are updated before April 1, 2023, since folios for which the above details are not available thereafter shall be frozen.
Registrar & Share Transfer Agent of the Company: Link Intime India Private Limited
Branch OfficeLink Intime India Pvt. Ltd Tel. No: 079 – 2646 5179 |
Head OfficeLink Intime India Pvt. Ltd Tel. No : 022 – 4918 6000 |