Key Requirements for Physical Shareholders
The enclosed letter informs physical shareholders of the mandatory requirement to furnish the following details to the Company's Registrar and Transfer Agent (RTA), Alankit Assignments Limited:
- Self-attested copy of PAN card linked with Aadhaar
- KYC details
- Bank account details
- Nomination details (optional but desirable)
Consequences of Non-Compliance
Shareholders whose folios are not updated with the required documents/details (except 'choice of nomination') are subject to the following restrictions effective from April 1, 2024:
- Cannot lodge grievances or avail any service requests from the RTA until documents are furnished
- Can receive payments (including dividends) only through electronic mode
Submission Methods
Shareholders can submit the required documents through two methods:
1. By Post: Send hard copies of self-attested documents to:
- Alankit Assignments Limited (Unit: Majestic Auto Limited), 4E/2, Alankit House, Jhandewalan Extension, New Delhi-110055
- Contact: Vijay Pratap Singh, Email: rta@alankit.com, Phone: 011-42541234/23541234
OR
- Majestic Auto Limited, 3rd Floor, 2A, Mahindra Tower, District Centre, Bhikaji Cama Place, New Delhi-110066
2. Electronically: Send digitally signed documents via email to:
- grievance@majesticauto.in
- kycupdate@alankit.com
Must be sent from the shareholder's registered email ID.
Required Forms and Documents
- KYC Details: Duly filled Form ISR-1 with supporting documents
- Specimen Signature: Duly filled Form ISR-2, signed by shareholders and attested by Bank Manager
- Nomination: Form SH-13 for registering nominee or Form ISR-3 for opt-out declaration
- Nomination Change/Cancellation: Form SH-14 (with ISR-3 for cancellation)
Dematerialization Mandate
The disclosure reiterates SEBI's mandate that transfer of securities held in physical form shall not be processed unless dematerialized. Shareholders are requested to dematerialize their shares with a Depository Participant along with the KYC documents.
Additional Information
- Reference documents including SEBI Master Circular, Investor Service Request forms, and contact details are available on the company's website under the "Investor" tab
- SEBI has introduced an Online Dispute Resolution (ODR) mechanism at https://smartodr.in/login, available after exhausting dispute resolution options on the SCORES platform