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:
Title | Form | |
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Register Change PAN & KYC Details | ISR-1 | VIEW |
Confirmation of Signature of Securities Holder by Bank | ISR-2 | VIEW |
Declaration for Opting-Out of Nomination | ISR-3 | VIEW |
Request for issue of Duplicate Certificate and other Service Requests | ISR-4 | VIEW |
Registration of Nomination | SH-13 | VIEW |
Cancellation or Variation of Nomination | SH-14 | VIEW |
Branch Office | Head Office |
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Link Intime India Pvt. Ltd
5thFloor, 506 TO 508, Amarnath Business Centre – 1 (ABC-1), Beside Gala Business Centre, Nr. St. Xavier's College Corner, Off C G Road, Ellisbridge, Ahmedabad – 380006. Tel. No: 079 – 2646 5179 Email : ahmedabad@linkintime.co.in Monday – Friday 10:00 AM – 4:00 PM |
Link Intime India Pvt.Ltd
C 101, 247 Park, L. B. S. Marg, Vikhroli (West), Mumbai – 400083 Tel. No : 022 – 4918 6000 Fax : 022 – 4918 6060 Toll-free number : 1800 1020 878 Website: www.linkintime.co.in Monday – Friday 10:00 AM – 4:00 PM |
Online Resolution of Disputes Mechanism |
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SEBI Circular on Online Resolution of Disputes in the Indian Securities Market dated July 31st, 2023 and August 04th, 2023 |
ODR Portal |
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