EIH Associated Hotels issued a regulatory disclosure pursuant to SEBI Regulation 30 regarding the IEPF Authority's Saksham Niveshak campaign.
The company is contacting physical shareholders with invalid KYC to update PAN, address, bank details and dematerialize shares.
Dividends will be withheld for physical folios without updated PAN and bank account details, payable only electronically after compliance.
The registrar MUFG Intime India is managing the KYC update process and encouraging dematerialization for improved market liquidity.