Navin Fluorine International Limited has issued a reminder for shareholders holding shares in physical mode. To ensure compliance and avoid disruptions to dividend payments, shareholders are required to update their PAN, KYC, and nomination details. Failure to complete these updates may lead to withheld dividends. Shareholders are urged to submit the necessary forms to the Company’s Registrar and Transfer Agent, KFin Technologies Limited, at their earliest convenience to maintain account status.
Important Compliance Update for Physical Shareholders
Navin Fluorine International Limited is reaching out to shareholders who still hold their equity shares in physical form. As part of ongoing efforts to modernize security holdings and ensure transparent processing, the company requires all physical security holders to update essential KYC information. This initiative aligns with broader market directives aimed at standardizing investor data and improving service efficiency.
Required Actions and Documentation
Shareholders are required to furnish several key details, including their Aadhar-linked PAN, mobile number, bank account information, and specimen signature. Additionally, providing nomination details is mandatory to ensure the seamless transmission of shares. Please note the following key requirements:
- PAN and KYC: Submission of Form ISR-1 is required to register or update PAN and contact details.
- Signature Updation: If a signature is not currently registered or requires updating, Form ISR-2 must be submitted.
- Nomination: Nomination details or a declaration to opt-out must be provided using Form SH-13, SH-14, or ISR-3, as applicable.
Implications of Non-Compliance
It is important to note that dividends for physical folios will be processed exclusively through electronic modes upon successful registration of all required KYC details. Furthermore, any failure to update these records may result in the withholding of dividends until the necessary documentation is provided. Shareholders are encouraged to verify their records and submit the duly filled forms to KFin Technologies Limited promptly. For added convenience and security, shareholders are strongly encouraged to dematerialize their shares by working with their registered Depository Participant.
Source: BSE
