Finolex Cables has issued a notice to its shareholders holding physical securities, urging them to furnish their KYC and nomination details. This move aligns with the SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/CIR/2023/37 dated 16th March 2023, which mandates such updates.
The company has reached out to shareholders who have not yet provided their KYC and nomination information. This step is crucial for ensuring compliance with regulatory requirements and maintaining up-to-date records of shareholders.
In addition to the KYC and nomination update, Finolex Cables has also informed shareholders about dividends that remain unclaimed. The company has sent notifications to shareholders to claim these unpaid dividends.
Shareholders are advised to take prompt action to furnish the necessary details and claim any outstanding dividends to avoid any inconvenience.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).