ICICI Lombard Mandating KYC Details for Physical Shareholders

ICICI Lombard is reminding shareholders holding physical shares to update their KYC details to ensure continued access to services and dividend payments. Shareholders must submit required documents, including PAN, address, and bank account information, by April 1, 2024 to avoid disruption. Failure to comply will result in withheld dividend payments and restricted service requests. Updated KYC information should be submitted to KFin Technologies Limited.

KYC Details Required

ICICI Lombard is requesting shareholders holding shares in physical form to update their Know Your Customer (KYC) details. This update is mandatory to ensure shareholders can continue to receive dividends and access various service requests. The deadline for updating KYC details is April 1, 2024.

Impact of Non-Compliance

Shareholders who do not update their KYC information will face the following consequences:

* Inability to lodge grievances or avail service requests from the Registrar and Transfer Agent (RTA).
* Withholding of dividend, interest, or redemption payments, except through electronic modes.

Required Documents and Details

Shareholders are required to furnish the following documents and details:

* PAN
* Address
* Email Address
* Mobile Number
* Demat account details
* Bank account details
* Specimen Signature
* Nomination details
* Declaration to opt out nomination (if applicable)

Submission Process

Shareholders can submit their KYC details through one of the following methods:

  1. Hard Copies: Send self-attested and dated copies of the required documents to KFin Technologies Limited at the provided address.
  2. Electronic Mode: Submit the documents electronically through the registered email ID with RTA, ensuring all documents are electronically/digitally signed.
  3. Web-Portal: Use the web-portal of KFin Technologies Limited to submit the required information.

Source: BSE

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