The Securities and Exchange Board of India (SEBI) vide its circular SEBI/HO/MIRSDMIRSD_RTAMB/P/CIR/2021/655 dated November 03, 2021 has made it mandatory for holders of physical securities to furnish their PAN, email address, mobile number, bank account details and also to either register or declare opt out for nomination facility against the shares held in the company.
Through the above said notification, SEBI has also introduced the following forms effective January 01, 2022, which shall be mandatorily submitted by the investors:
| Forms | Descriptions |
|---|---|
| Form ISR-1 | Request for registering Pan, KYC details or changes / up-dation thereof |
| Form ISR- 2 | Confirmation of Signature of securities holder by the Banker |
| Form- SH-13 | Nomination form |
| Form ISR-3 | Declaration for Nomination opt-out |
| Form SH- 14 | Change in Nomination |
| Form ISR- 4 | Request for dematerialisation of Shares |
Shareholders are requested to submit Form ISR-1 for updating PAN and other KYC details with RTA of the Company. In case of mismatch in the signature of the holder in the records of RTA, the shareholders need to furnish original cancelled cheque and banker’s attestation of the signature as per Form ISR-2. It is advised that the shareholders send the original cancelled cheque with name of shareholder printed on it and duly filled Form ISR 2 along with Form ISR 1 to update signature so as to avoid further correspondence in case of signature mismatch. Shareholders are requested to submit Form SH-13 duly filled to register nomination in their Folios.
However, in case shareholders want to opt-out of nomination, Form ISR-3 shall be submitted to RTA.
Shareholders may submit Form SH-14 for change in nomination at any time.
You are requested to forward the duly filled forms and documents along with the related proofs as mentioned in the respective forms to the Registrar and Share Transfer Agent viz. KFin Technologies Limited (“RTA”) at below mentioned address at the earliest:
Kfin Technologies Limited
(Formerly known as KFin Technologies Private Limited)
Registrar and Share Transfer Agent
Unit: Wendt India Limited
Selenium Tower B, Plot Nos. 31 & 32, Financial District, Nanakramguda,
Hyderabad – 500032, India, Toll Free No.:1800 309 4001
Email: einward.ris@kfintech.com Website: https://ris.kfintech.com/
Shareholders are also requested to ensure that their PAN is linked to Aadhar by March 31, 2022 or any other date as may be specified by the Central Board of Direct Taxes to avoid freezing of your folio.
Freezing of Folios without PAN, KYC details and Nomination:
- Folios in which PAN is/are not valid i.e PAN is not linked to Aadhar as on March 31, 2022 or any other date as may be specified by Central Board of Direct Taxes, shall be frozen thereafter.
- Folios wherein any one of the above referred document / details viz. PAN, Aadhar and Nomination are not available on or after April 01, 2023, shall be frozen and you will not be eligible to lodge grievance or avail service request from the RTA or eligible for receipt of dividend in physical mode.
- After December 31, 2025, the frozen folios shall be referred by RTA/Company to the Administering Authority under the Benami Transactions (Prohibitions) Act, 1988 and or Prevention of Money Laundering Act, 2002.
