LIST/COMP/17/2018-19 July 16, 2018
Dear Sir / Madam,
Subject : Strengthening the Guidelines and Raising Industry standards for RTAs, Issuer Companies and Banker to an Issue - Clarification
SEBI, vide circular No. SEBI/HO/MIRSD/DOP1/CIR/P/2018/73 dated April 20, 2018, inter-alia, mandated RTAs to send a letter under Registered / Speed post seeking PAN and bank details within 90 days of the said circular and two reminders thereof after the gap of 30 days.
SEBI has vide its circular No. SEBI/HO/MIRSD/DOS3/CIR/P/2018/115 dated July 16, 2018 issued the following clarification:
“…in respect of para II (12)(ii) of Annexure to the aforementioned circular, it is clarified that:
a. The timeline for sending the initial letter by Registered / Speed Post to physical shareholders has been extended to September 30, 2018 to enable companies to send the initial letter along with Annual Reports/notice of AGM.
b. Subsequently, two reminders may be sent by other modes including ordinary post / courier.”
The aforesaid clarification is also appended for reference.
Listed Companies are required to take note of the same.
Netra Sahani Shyam Bhagirath
Dy. Gen. Manager Associate Manager
Listing Compliance Listing Compliance
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