Bayer CropScience Limited is requesting all shareholders holding securities in physical mode to update their mandatory KYC and nomination details. This process ensures the seamless receipt of future dividends and interest payments. Shareholders must submit the required documentation to the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, using the prescribed forms to avoid service disruptions and maintain compliance with current market standards.
Mandatory Action Required for Physical Shareholders
Bayer CropScience Limited has issued a formal notice to all security holders currently maintaining their investments in physical form. To facilitate efficient communication and ensure the uninterrupted processing of corporate benefits, the company is urging investors to update their PAN, contact details, bank account information, and nomination status.
Why Updating KYC Matters
Maintaining up-to-date records is essential for all investors. Shareholders who have not yet updated their information are required to do so to avoid potential issues with service requests and dividend distributions. The company has clarified that electronic payment of dividends and interest is strictly mandated for all holders of physical securities who have provided complete and accurate KYC details.
How to Submit Your Documents
Shareholders have several convenient options to submit their updated information:
- In-Person Verification (IPV): Visit the office of the Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited, with original documents.
- Hard Copy Submission: Mail self-attested photocopies of the required documents to the RTA.
- E-Sign Facility: Upload scanned, e-signed documents via the RTA’s dedicated email or the official online portal using the Serial Number provided on the KYC form.
Required Documentation
To complete the updation process, investors should use Form ISR-1 for general KYC details and Form ISR-2 for signature confirmation by their bank. Additionally, holders are encouraged to provide their email addresses and nomination details to avail of seamless online services. All necessary forms and detailed instructions are available on the official websites of both Bayer CropScience Limited and the Registrar.
Source: BSE
