Shareholders Holding Shares in Physical Mode

In terms of the SEBI Circular No SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, the following Service Requests shall mandatorily be processed by issuing securities in dematerialized form only and the physical share certificate shall not be issued to the Securities holder / claimant.

1. Issuance of Duplicate Securities Certificate
2. Claim from Unclaimed Suspense Account
3. Renewal / Exchange of securities certificate
4. Endorsement
5. Sub-division / Splitting of securities certificate
6. Consolidation of securities certificate / folios
7. Transmission
8. Transposition

The Securities Holder / Claimant shall submit to Bigshare Services Priivate Limited (“RTA”) duly filled up Form ISR-4 for the above service Requests.

The RTA shall verify and process the Service Requests and thereafter issue a ‘Letter of Confirmation’ in lieu of Physical securities certificate (s), to the securities holder / claimant within 30 days, which shall be valid for a period of 120 days from the date of its issuance, within which the securities holder/claimant shall make a request to the Depository Participant for dematerializing the said securities.

In case the securities holder / claimant fails to submit the demat request within 120 days, the securities shall be credited to the Suspense Escrow Demat Account of the Company.

To make the aforesaid service request, the shareholders can download the below form as mentioned in SEBI circular: 
Form ISR - 4 :    Request for issue of Duplicate/Transmission/Transposition share Certificate and other Service Requests

Payment of dividend only through electronic mode on or after April 1, 2024 to the shareholders holding shares in physical form and those who have not updated their KYC:

The Securities and Exchange Board of India (“SEBI”) vide its circular No. SEBI/ HO/ MIRSD/ MIRSD_RTAMB/P/CIR/2021/655 dated November 3, 2021 (subsequently amended by circulars dated December 14, 2021, March 16, 2023 and November 17, 2023) mandated that the security holders (holding securities in physical form), whose folio(s) do not have PAN or Choice of Nomination or Contact Details or Mobile Number or Bank Account Details or Specimen Signature updated, shall be eligible for any payment including dividend, interest or redemption in respect of such folios, only through electronic mode with effect from April 1, 2024, upon their furnishing all the aforesaid details in entirety.

Shareholders are requested to note that in case of non-updation of PAN or Choice of Nomination or Contact Details or Mobile Number or Bank Account Details or Specimen Signature in respect of physical folios, dividend/interest etc. shall be paid only through electronic mode with effect from April 1, 2024 upon furnishing all the aforesaid details in entirety.

Further, if a security holder updates the PAN, Choice of Nomination, Contact Details including Mobile Number, Bank Account Details and Specimen Signature after April 1, 2024, then the security holder would receive all the dividends/interest etc. declared during that period (i.e. from April 1, 2024 till date of updation) pertaining to the securities held after the said updation automatically.