Key Requirements for Physical Shareholders

1. KYC Completion Mandate

  • Physical shareholders must complete KYC procedures as per SEBI requirements
  • Dividend will be paid only through electronic mode after completing KYC
  • Required forms include: Form ISR-1 (PAN/KYC registration/changes), Form ISR-2 (signature confirmation by banker), Form ISR-3 (nomination opt-out declaration), Form SH-13 (nomination), Form SH-14 (nomination cancellation/variation)

2. Dematerialization Advisory

  • Shareholders advised to convert physical shares to demat form at earliest
  • Physical share transfers have been prohibited since April 1, 2019 as per SEBI mandate
  • Demat form enhances security, transparency, and ease of transfer

Documentation Requirements

PAN Requirements

  • PAN must be valid and linked to Aadhaar by March 31, 2023 (or date specified by CBDT)

Proof of Address Documents (any one)

  • Unique Identification Number (Aadhaar)
  • Valid Passport
  • Registered Lease or Sale Agreement of Residence
  • Driving License
  • Flat Maintenance bill with additional self-attested identity proof
  • Utility bills (telephone, electricity, gas) not more than 3 months old
  • Identity card/document with address issued by government/regulatory authorities/PSUs/banks
  • For FII/sub-account: Power of Attorney given to Custodians
  • Proof of address in spouse's name with spouse's identity proof
  • Client Master List from Depository Participant

Bank Details Verification

  • Original cancelled cheque with security holder's name printed; OR
  • Bank passbook/statement attested by the Bank

Submission Methods

1. Through 'In Person Verification' (IPV): Authorized RTA personnel verifies original documents

2. Through Post: Hard copies of self-attested documents

3. Through electronic mode with e-sign: Documents furnished electronically with e-sign of holder(s)

Registrar and Transfer Agent Details

M/s. Bigshare Services Private Limited

Office No. 6-2, 6th floor, Pinnacle Business Park

Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai-400093

Tel.: (022) 62638200 | Fax: (022) 62638299

Available: 9:00 a.m. to 5:00 p.m. on all working days

Financial Impact

Not quantified in the disclosure. The notification represents a compliance requirement without immediate financial impact quantification.

#Tags: #WalchandPeopleFirst #SEBICompliance #KYCRequirements #PhysicalShares #RegulatoryDisclosure #Neutral