Eicher Motors is reminding holders of physical securities to update their KYC details, including PAN, address, mobile number, bank account information, and specimen signature. This update is in accordance with SEBI circulars. Shareholders who do not update their KYC information may face restrictions on dividend payments, which will only be made electronically after April 1, 2024, following full compliance.
KYC Details Update Reminder
Eicher Motors is reminding shareholders holding physical shares to update their Know Your Customer (KYC) details as mandated by SEBI. The update includes providing their PAN, address with PIN code, mobile number, bank account details, specimen signature, and nomination preferences.
Importance of Updating KYC
Shareholders are requested to update their KYC to ensure smooth processing of dividends and other communications. Failure to update KYC details may result in dividends being paid only through electronic mode starting April 1, 2024, after all required details are furnished.
Submission Methods for KYC Details
Shareholders can submit their KYC details through several methods:
- In-Person Verification (IPV): By producing original documents at the Registrar and Transfer Agent (RTA) office.
- Hard Copy: By sending self-attested photocopies of required documents.
- E-Sign: By sending scanned copies of KYC documents with e-signatures to the designated email or uploading them on the website.
Required Action for Shareholders
Eicher Motors urges shareholders to comply with the KYC update requirements at the earliest to ensure timely credit of dividends to their bank accounts. The necessary forms, including ISR-1, are available on the RTA’s website.
Source: BSE
