The Great Eastern Shipping Company Limited has issued a reminder to shareholders holding physical securities regarding the mandatory furnishing of KYC details. This action is in compliance with SEBI regulations, ensuring that all necessary documentation is updated with the company’s Registrar and Transfer Agent (RTA). Failure to comply may affect the eligibility for services like dividend payments.
Shareholder KYC Update Mandate
The Great Eastern Shipping Company Limited is reminding all holders of physical securities about the crucial need to furnish their Know Your Customer (KYC) details. This initiative is in line with the directives from the Securities and Exchange Board of India (SEBI) and aims to ensure all shareholder records are up-to-date and compliant with current regulations. The company has provided an enclosed letter detailing the specific documents and forms required.
Mandatory Documentation and Compliance
Shareholders are requested to submit essential information such as their PAN, updated address, email address, and mobile number. Details concerning demat and bank accounts, along with nomination preferences, are also mandatory. The necessary forms, including ISR-1, SH-13, and ISR-3 (for opting out of nomination), can be downloaded from the RTA’s portal. This compliance is essential for continued services, including the disbursement of dividends.
Action Required for Physical Security Holders
Physical security holders are urged to take immediate action to submit these documents to the company’s RTA, M/s KFin Technologies Limited. The submitted documents must be duly executed and can be forwarded via hard copy, electronically signed email, or through the RTA’s web portal. The company also continues to encourage the dematerialization of shares for enhanced security and ease of transactions.
Source: BSE
