Trent Limited has issued a reminder to its shareholders holding physical shares to update their KYC details by April 2024. This update is in compliance with SEBI‘s regulations that require all listed companies to record essential details such as PAN, address with PIN code, mobile number, bank account details, and specimen signature of holders of physical securities.
The company emphasised that failure to update these details may result in dividends or interest being paid only through electronic mode from April 1, 2024, onwards. Shareholders who update their details after this date will receive all dividends or interest declared during the period from April 1, 2024, to the date of updation automatically.
Trent has provided the necessary forms for updating KYC details on its website and the website of its Registrar and Transfer Agent, MUFG Intime India Private Limited. Shareholders can submit their KYC details through various modes, including in-person verification, hard copy submission, or by using e-sign.
This initiative is part of Trent‘s efforts to ensure timely credit of dividend amounts to shareholders’ bank accounts and to comply with regulatory requirements.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).