The Notice was dispatched via two methods: electronically to preference shareholders whose email addresses are registered with the Company and/or their Depository Participants (DP) or the Company's Registrar and Transfer Agent (RTA), and physical copies to those shareholders whose email addresses are not registered.
The Notice informs preference shareholders about the redemption of the preference shares and requests them to verify and update their KYC particulars. The required details include bank account information, PAN, postal address, email ID, contact details, tax residential status, and other relevant information maintained with the Company and/or their DP or the RTA. This update is necessary to facilitate the timely processing and credit of the redemption proceeds to the eligible preference shareholders.
Financial impact not quantified in the disclosure.