Fortis Healthcare is reminding shareholders holding physical shares to update their Know Your Customer (KYC) details, including PAN, contact information, and bank details. Dividends for shareholders with incomplete KYC information are currently being withheld and will be released upon completion of the update. Shareholders can access the necessary forms on the company’s website to ensure compliance.
KYC Update for Physical Shareholders
Fortis Healthcare is urging shareholders who hold shares in physical form to update their KYC details. This includes providing a valid PAN, current address, email address, mobile number, and bank account details. Supplying nomination details or a declaration opting out of nomination is also required to be in compliance with regulatory guidelines.
Dividend Withholding and Electronic Payment
Dividend payments are currently being withheld for shareholders who have not yet completed their KYC verification. Once the required KYC details are submitted and verified, the withheld dividends will be released. Going forward, dividend payments will only be made electronically to shareholders with complete KYC information.
How to Update Your KYC
Shareholders can download the necessary forms from the Fortis Healthcare website or the KFin Technologies website. Completed forms and required documents should be sent to KFin Technologies Limited for processing. Updating your KYC information ensures continued receipt of dividend payments and seamless processing of your shareholding-related transactions.
Key Information for Shareholders
The dividend per share is Rs. 1.00. The gross dividend has been calculated to be Rs. 1.00 as well. Due to lack of updated KYC information with Fortis Healthcare, the dividend is currently being withheld. Shareholders are encouraged to update their information as soon as possible.
Source: BSE
