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Trent Limited ( (IN:TRENT) ) has shared an update.
Trent Limited has notified stock exchanges that it has sent letters to shareholders holding shares in physical form, asking them to furnish prescribed Know Your Customer details to the company’s registrar and transfer agent, MUFG Intime India Private Limited. The move follows Securities and Exchange Board of India rules requiring listed companies to record PAN, address, mobile number, bank account details and specimen signatures for all physical security holders.
The registrar has warned that from April 1, 2024, dividends and other payouts in respect of physical holdings will be made only via electronic mode once complete KYC information is provided, although any dues declared after that date will be released once details are updated. Shareholders have been given multiple modes to submit their documents, including in-person verification, hard-copy submission and electronically with e-sign, a step that is expected to streamline investor servicing and reinforce regulatory compliance across Trent’s remaining physical share base.
More about Trent Limited
Trent Limited is an Indian listed company, part of the Tata group, whose shares trade on the National Stock Exchange of India and BSE. The company’s share registry and related investor servicing in respect of its physical shareholdings are handled by MUFG Intime India Private Limited, its appointed registrar and transfer agent.
Average Trading Volume: 71,621
Technical Sentiment Signal: Buy
Current Market Cap: 1473.2B INR
For an in-depth examination of TRENT stock, go to TipRanks’ Overview page.