Mandatory furnishing of PAN, KYC details and Nomination by Physical Shareholders

Securities and Exchange Board of India (SEBI) vide Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated 3rd November, 2021 and further clarification thereof dated 14th December, 2021 has made it mandatory to furnish PAN, email address, mobile number, bank account details and nomination by Physical Shareholders.

In terms of above Circular, Folios of Physical shareholders wherein any one of the above said details such as PAN, email address, mobile number, bank account details and nomination are not available, are required to be frozen with effect from 1st April, 2023 and such Physical shareholders will not be eligible to lodge grievance or avail service request from the Registrar and Transfer Agent (RTA) of the Company and will not be eligible for receipt of dividend in physical mode.

Further, Shareholders holding shares in physical mode are requested to ensure that their PAN is linked to Aadhaar by 31st March, 2022 or any other date as may be specified by the Central Board of Direct Taxes to avoid freezing of folio.

Further, as per the above SEBI circular, 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, after December 31, 2025.

Keeping the above statutory requirements in view, the Company has sent letter to the concerned shareholders holding shares in physical form requesting them to furnish valid PAN, KYC details and Nomination immediately to the RTA of the Company M/s CB Management Services (P) Ltd, (Unit: Hindustan Copper Ltd), P 22 Bondel Road, Kolkata 700019 (Telephone No: 033 4011 6700 E-mail: rta@cbmsl.com) in the prescribed to ensure that their folios are not frozen on or after 1st April, 2023.