SEBI vide its Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023 mandated all the listed companies to record the PAN, Postal address with PIN code, Mobile number, Bank account details, Specimen signature and Nomination for all holders of physical securities
The folios wherein any one of the above cited document/details (PAN, Postal address with PIN code, Mobile number, Bank account details, Specimen signature and Nomination) are not available shall be frozen as per the SEBI Circular(s)
Recently, SEBI vide its Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2023/158 dated September 26, 2023, extended timelines as given below :
For trading and demat accounts
1. Submission of 'choice of nomination' for trading accounts has been made voluntary
2. Submission of 'choice of nomination' for demat accounts - extended the last date for submission of 'choice of nomination' to December 31, 2023
For physical security holders
Extended the last date for submission of PAN, Nomination, Contact details, Bank A/c details and Specimen signature for their corresponding folio numbers to December 31, 2023
Kindly refer Archive for the earlier updates on KYC and Nomination