SEBI Vide its Circular No. SEBI/HO/MIRSD/RTAMB/CIR/P/2021/601 dated July 23, 2021 read with Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2023/158 dated September 26, 2023 and Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2023/193 dated December 27, 2023, mandated that for all investors opening new trading and or demat account(s) on or after October 01, 2021, shall have the choice of providing nomination or opting-out of nomination, as per format of forms provided in the Circular.
In this regard, all existing eligible trading and demat account holders shall provide choice of nomination as per the options given above, on or before June 30, 2024, failing which the trading accounts shall be frozen for trading and demat account shall be frozen for debits of shares.
SEBI vide its Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated November 03, 2021 and subsequent notifications has mandated all the listed Companies to record the PAN, Nomination, KYC Details of all the shareholders and Bank Account details of first holder. This is applicable for all the shareholder’s holding shares in Physical mode. Shareholder’s are requested to ensure the above details are updated with the RTA.
In view of the aforesaid, you are requested to submit the Investor Service Request Form ISR-1, along with required supporting documents to our Registrar and Transfer Agent, Link Intime India Private Limited (“RTA”).
The shareholder’s can download the forms mentioned in SEBI circular as given below:
Form ISR-1- Form for availing Investor Services and Updation of KYC
Form ISR-2- Confirmation of Signature of securities holder by the Banker
SEBI vide its Circular No SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022 has mandated that the following Service Requests shall be processed by issuing securities in dematerialized form only and physical Share Certificates shall not be issued by the Company to the Securities holder / claimant.
Issuance of Duplicate Securities Certificate
Release of shares from Unclaimed Suspense Account of the Company
Renewal / Exchange of securities Certificate
Sub-division / Splitting of securities certificate
Consolidation of securities certificate / folios
The Securities Holder / Claimant shall submit to Link Intime India Private 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.