"Announcing our New Identity: Lloyds Steels Industries Limited is now Lloyds Engineering Works Limited - Same Legacy, New Name!" w.e.f from 25th July 2023."
SEBI vide its circular SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated November 03, 2021 has introduced common and simplified norms for processing investor’s service request by RTAs and norms for furnishing PAN, KYC details and Nomination. Key highlights of the circular are as under:
All holders of physical securities of the Company are mandatorily required to furnish the following documents / details to the RTA i.e.
M/s. Bigshare Services Private Limited:.
PAN
Nomination
Contact Details
Bank Account details
Specimen Signature
Investors shall submit form ISR-1 to M/s. Bigshare Services Private Limited for updating PAN and other KYC details.
In case of mismatch in the signature of the holder in the records of M/s. Bigshare Services Private Limited, the investor shall furnish original canceled cheque and banker’s attestation of the signature as per form ISR-2.
Investors shall continue to use form SH-13 and SH-14 for declaration of nomination and change in nomination respectively. However, in case an investor wants to opt-out of nomination, form ISR-3 shall be filed.
Further, SEBI, vide its circular dated November 03, 2021 subsequently amended by circulars dated December 14, 2021, March 06, 2023 and November 17, 2023) mandated that the security holders (holding securities in physical form) whose folio (s) do not have PAN or Choice of Nomination or Contact details or Mobile number or Bank Account Details or Specimen Signature updated, shall be eligible for any payment including dividend, interest, or redemption in respect of such folios, only through electronic mode with effect from April 01, 2024.