Key Details

  • The company has sent reminder letters to shareholders holding shares in physical form, requesting them to furnish mandatory KYC details.
  • This action is in compliance with SEBI Master Circular reference no. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/91 dated 23rd June, 2025.
  • The communication has been placed on the company's website at www.alembicpharmaceuticals.com.

Regulatory Requirements

Pursuant to SEBI circular, with effect from April 1, 2024:

  • Dividend/interest payments shall be withheld for physical shareholders who have not updated mandatory KYC details
  • Withheld payments will be released only through electronic mode upon furnishing all required details
  • Mandatory details include: PAN, Address with PIN code, Mobile Number, Bank Account details, Specimen Signature, and choice of Nomination
  • Email ID registration is optional but recommended for online services

Dividend Payment Impact

  • If shareholders update required details after April 1, 2024, any dividends declared during the interim period (from April 1, 2024 until date of updation) will be automatically credited to their registered bank account
  • Current dividend payments are being withheld until complete KYC compliance

Dematerialization Requirement

  • Transfer of shares in physical form has not been permitted since April 1, 2019
  • Shareholders are strongly encouraged to convert physical shares to demat form to benefit market liquidity

Dematerialization Process

Shareholders must:

1. Approach any SEBI registered depository participant (DP)

2. Open a demat account (if not already existing)

3. Submit required documents to DP:

  • Share Certificates
  • Demat Request Form
  • Copy of PAN
  • Address proof
  • Cancelled cheque
  • Other KYC documents if not updated

4. DP will forward documents to Registrar and Share Transfer Agent (MUFG Intime India Private Limited)

5. After scrutiny, dematerialized shares will be credited to the demat account

Forms and Resources

Required forms (ISR-1, ISR-2, ISR-3, SH-13, SH-14) and SEBI circulars are available on MUFG Intime website: https://www.in.mpms.mufg.com > Resources > Downloads > KYC > Formats for KYC