
SEBI vide its Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023 read with SEBI Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2023/158 dated September 26, 2023 and SEBI Circular No. SEBI/HO/MIRSD/POD- 1/P/CIR/2023/181 dated November 17, 2023 has prescribed common and simplified norms for processing investor's service request by RTAs and norms for furnishing PAN, KYC details and Nomination. SEBI has made mandatory for the Members holding securities in physical form to furnish PAN, Nomination, Contact details, Bank A/c details and Specimen signature for their corresponding folio numbers to the Registrar and Transfer Agent (RTA) of the Company.
SEBI vide its Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022 has mandated listed companies to issue the securities in dematerialized form only, in case of Investor Service Requests.
It may further be noted that: 1. In case of non-updation of PAN or Choice of Nomination or Contact Details or Mobile Number or Bank Account Details or Specimen Signature in respect of physical folios, dividend/interest etc. shall be paid only through electronic mode with effect from April 01, 2024, upon furnishing all the aforesaid details in entirety.2. If a security holder updates the PAN, Choice of Nomination, Contact Details including Mobile Number, Bank Account Details and Specimen Signature after April 01, 2024, then the security holder would receive all the dividends/interest etc. declared during that period (from April 01, 2024, till date of updation) pertaining to the securities held after the said updation automatically.
SEBI has introduced the following forms to standardize and simplify the processing of investor services requests by RTAs:
M/s. Skyline Financial Services (P) Ltd.
📍 D-153A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi - 110 020
📞 011-40450193-97 & 011-26812682-83
505, A Wing, Dattani Plaza, Andheri Kurla Road, Safeed Pool, Mumbai-400072
📞 +91-22-28511022