As an on-going measure to enhance the ease of doing business for investors in the securities market, Securities and Exchange Board of India ("SEBI"), vide Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023 has laid out Common and simplified norms for processing investor's service requests by RTAs and norms for furnishing PAN, KYC details and Nomination applicable with effect from April 01, 2023, in supersession of the following circulars issued by SEBI:
In case of failure to provide required documents and details as per aforesaid SEBI circular all folios of such shareholders shall be frozen on or after 01 October 2023 by the RTA. Click here for SEBI Circular..
In view of the above, shareholders of the Company holding securities in physical form shall provide following documents/details to RTA:
All of above required documents/ details shall be provided to Company's RTA i.e. Link Intime India Private Limited along with Name and folio numbers.
The shareholders can download the forms mentioned in SEBI circular as given below:
|SN||Form||Purpose||Downloadable Form||Fillable Form|
|1||Form ISR-1||Request for Registering PAN, KYC details OR changes/updations there of (only for securities held in physical form)|
|2||Form ISR-2||Confirmation of Signature of securities holder by Banker|
|3||Form ISR-3||Declaration for Opting-out of Nomination by holders of physical securities|
|4||Form ISR-4||Request for issue of duplicate certificate and other services|
|5||Form SH-13||Nomination Form|
|6||Form SH-14||Cancellation OR Variation of Nomination|
Please note that pursuant to SEBI's press release dated December 3, 2018, all the shareholders holding shares in physical form were requested to convert their holding into dematerialized form on or before March 31, 2019. Further, the Company is restrained from effecting any transfer of shares held in physical form w.e.f. April 1, 2019. Considering the above, all the shareholders are requested to note that, the Company will not be in a position to process any request for transfer of shares held in physical form on or after April 1, 2019. The same could be done only after the physical shares are dematerialized.
SEBI vide Gazette Circular no. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, mandated the listed companies to issue the securities in dematerialized form only while processing the following service request: Click here for SEBI Circular.
At present there are two depositories in India as listed below:
|National Securities Depository Ltd||Central Depository Services (India) Ltd|
|Trade World, 4th Floor, Kamala Mills
|Phiroze Jeejeebhoy Towers, 28th Floor, Dalal Street|
|Senapati Bapat Marg, Lower Parel, Mumbai - 400 013||Mumbai - 400 023|
|Tel: (022) 24972993 / 24976351||Tel: (022) 22723333 / 22723224|
|Fax: (022) 24972993 / 24976351||Fax: (022) 22723199|
|E-mail: email@example.com||E-mail: firstname.lastname@example.org|
|Website: www.nsdl.co.in||Website: www.cdslindia.com|