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NORMS FOR PAN, KYC, NOMINATION

NORMS FOR PAN, KYC, NOMINATION UPDATE AND PROCESS OF INVESTORS’ SERVICES

As per SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023, it is mandatory for all shareholders holding securities in physical form to furnish the following details to the Registrar and Transfer Agent (RTA):

  • PAN

  • Address with PIN code

  • Mobile number

  • Bank account details

  • Nomination / declaration for opting out of nomination

Shareholders are also requested to register their email ID against their folio to enable seamless correspondence and electronic communication.

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SEBI has prescribed the following standardized forms for investor services:

  • ​A) Form for availing investor services: Form ISR-1 is applicable for all requests to register PAN, KYC details or for any change / update thereof in respect of securities held in physical mode.

  • B) Update of signature of securities holder: For updating signatures, shareholders/claimants must submit an original cancelled cheque and banker’s attestation of the signature as per Form ISR-2.

  • C) Nomination: It is mandatory for all holders of physical securities to furnish PAN, KYC and nomination details to the RTA. The details of nomination may be submitted in physical or electronic form.

Particulars

For nomination as provided in the Rules 19 (1) of Companies (Share capital and debenture) Rules, 2014

Form SH-13

Declaration to opt out

Form ISR-3

Cancellation or change of nomination (along with ISR-3)

Form SH-14

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