Key Dates
- Dispatch Date: The communication was dispatched to shareholders on June 19, 2026.
- Filing Date: The disclosure to the exchanges was made on June 19, 2026.
- Regulatory Effective Date: The SEBI circulars referenced state that from April 1, 2024, dividend payments are withheld for non-compliant physical folios.
Parties Involved
- Issuing Company: EPL Limited (CIN: L74950MH1982PLC028947)
- Registrars & Share Transfer Agents (RTA): Bigshare Services Private Limited
- Regulator: Securities and Exchange Board of India (SEBI)
- Company Official: Onkar Deepak Ghangurde, Head - Legal, Company Secretary & Compliance Officer
Purpose and Required Action
The company is mandating that holders of physical securities furnish the following details to the company or its RTA:
- Permanent Account Number (PAN)
- Postal Address with PIN code
- Email address
- Mobile number
- Bank account details
- Choice of nomination
Consequence of Non-Compliance
For physical folios where PAN, contact details, mobile number, bank account details, or specimen signatures are not updated, the payment of dividends on equity shares is required to be kept on hold. Dividends will only be remitted electronically to the shareholder's bank account upon furnishing all the required details.
Specific Shareholder Details (From Specimen Letter)
A specimen letter addressed to a specific shareholder, Renu Bhatia, is provided as an enclosure to the filing.
- Folio No.: R02902
- Number of Shares: 2400
- Missing/Incomplete Details: The notice specifies that the nominee name, phone number, and email ID are marked as 'Please provide', while PAN Number, Bank Name, A/C No., MICR_No., and IFSC Code are marked as '-' (not provided).
Submission Modes
Shareholders are provided three methods to submit the required forms (ISR-1, ISR-2, ISR-3, SH-13, SH-14) and supporting documents:
1. In Person Verification (IPV): An authorized RTA person verifies original documents and retains copies.
2. Through Post: Sending self-attested hard copies to the RTA's Mumbai address.
3. Through Electronic Mode with E-sign: Documents can be submitted via email or the RTA's service portal if they contain an e-sign from all holders.
RTA Online Portal - iConnect
Pursuant to SEBI circular dated June 8, 2023, the RTA, Bigshare Services Pvt. Ltd., has developed an online portal named 'iConnect' on its website (www.bigshareonline.com). The portal is designed for processing investor service requests and complaints and offers features for tracking service requests, raising grievances, downloading forms, and receiving real-time updates.
Financial Impact
The disclosure highlights an operational impact concerning dividend disbursements. Financial impact is contingent on shareholder compliance and is not quantified as a specific liability or provision in this disclosure.
#Tags: #EPLLimited #SEBI #RegulatoryCompliance #KYC #PhysicalShares #Neutral