Investor Service request
The Securities and Exchange Board of India (‘SEBI’) vide its circular SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated November 03, 2021, effective from 1st January, 2022, has made it mandatory for the shareholders holding securities in physical form to furnish PAN, KYC details and Nomination to the Registrar and Share Transfer Agent (‘RTA’) of Olectra Greentech Limited (“the Company”) i.e. Aarthi Consultants Pvt Ltd. situated at 1-2-285, Domalguda Hyderabad – 500029.
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, effective from January 1, 2022:
b. Nomination (for all eligible folios)
c. Contact Details including Postal address with PIN code, Mobile Number, E-mail address
d. Bank account details including Bank name and branch, Bank account number, IFS code, Demat account number
e. Specimen signature
Shareholders shall submit Form ISR-1 to RTA for updating PAN and other KYC details.
In case of major mismatch in the signature of the holder in the records of RTA or if the signature is not available with the RTA, the shareholder shall furnish the original cancelled cheque with name of the security holder printed on it / Bank Passbook / Bank Statement attested by the Bank, and Banker’s attestation of the signature as per Form ISR-2.
Shareholder shall continue to use Form SH-13 and SH-14 for declaration of nomination and for cancellation/change in nomination, respectively. However, in case a shareholder wants to opt-out of nomination, Form ISR-3 shall be filed.
As prescribed by the Income Tax Authorities, please link your PAN with Aadhaar by March 31, 2022 in order to avoid freezing of your folio. Further, in case of failure to provide required documents and details as per the aforesaid SEBI circular, all folios of such shareholders shall be frozen on or after April 01, 2023 by the RTA or by any extended timelines, if any, notified by SEBI in this regard.
Please also note that after December 31, 2025, the frozen folios shall be referred by RTA/Company to the administering authority under the Benami Transactions (Prohibitions) Act, 1988 and / or Prevention of Money Laundering Act, 2002.
The shareholders can download the forms mentioned in aforesaid SEBI circular as given below:
|1||Request for Registering Pan, KYC details or Changes / Updation thereof||Form ISR-1|
|2||Confirmation of Signature of securities holder by the Banker||Form ISR-2|
|3||Declaration Form for Opting-out of Nomination by holders of physical securities||Form ISR-3|
|4||Request form for issue of Duplicate certificate, Claim from Unclaimed Suspense Account, Replacement/ Renewal/ Exchange of securities certificate, Endorsement, Sub-division/ Splitting of securities certificate, Consolidation of securities certificates/folios, Transmission and Transposition.||Form ISR-4|
|5||Nomination Form||Form SH-13|
|6||Cancellation or Variation of Nomination||Form SH-14|
|7||Request for Transmission of Securities by Nominee or Legal Heir
(For Transmission of securities on death of the Sole holder)