Titagarh Rail Systems has issued a reminder to its shareholders, particularly those holding shares in physical mode, to update their KYC (Know Your Customer) details. This proactive measure aligns with SEBI directives aimed at enhancing data accuracy and security. Shareholders are urged to submit updated PAN, nomination, bank account, and contact information to ensure uninterrupted services, including dividend payments, and to comply with regulatory mandates by the stipulated deadline.
Mandatory KYC Update for Shareholders
Titagarh Rail Systems Limited is reminding its shareholders, especially those holding shares in physical mode, about the critical need to update their Know Your Customer (KYC) details. This initiative is in line with directives from the Securities and Exchange Board of India (SEBI) and aims to ensure all shareholder records are complete and accurate.
Key Information Required
Shareholders are requested to provide updated information such as their PAN details, nomination preferences, bank account details, and correct postal address, email address, and mobile number. This update is crucial for the company to maintain compliant shareholder records and facilitate necessary services.
Impact of Non-Compliance
The company emphasizes that failure to update KYC details may lead to disruptions in services. Specifically, as per SEBI directives, dividends and other payments will not be processed for shareholders whose folios remain non-KYC compliant. A deadline of 1st April 2024 has been previously stipulated for these updates.
How to Update Details
Shareholders can download the necessary KYC forms from the company’s official website, www.titagarh.in, or from the website of the Registrar and Transfer Agent (RTA), M/s Maheshwari Datamatics Pvt. Ltd. (www.mdpl.in). The completed forms, along with self-attested supporting documents, should be submitted to the RTA for processing. Forms ISR-1 and ISR-2 are mandatory, with ISR-3, SH-13, or SH-14 being optional based on shareholder preference.
Annual Report Availability
In a separate communication, Titagarh Rail Systems also informed shareholders about the availability of its Annual Report for the financial year 2025-26. The report can be accessed via a web link on the company’s website: https://www.titagarh.in/storage/report/actual/annual report 2025-26.pdf. This ensures that shareholders have access to the company’s performance and future outlook.
Source: BSE
