Important Communication to Shareholders

Fifth Amendment to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations): The provisions of Regulation 12 & Schedule-I has been amended by omitting the provisions relating to issuance of ‘payable-at-par Warrants’/ Cheques w.e.f. 18th November 2025.

Due to stated regulatory change:
1. All future dividend payments will be made only through electronic mode of payment facility approved by the Reserve Bank of India.
2. The Company will no longer be able to issue ‘payable-at-par Warrants’/ Cheques.
3. Shareholders who have not registered/updated their bank account details would not be able to receive dividends until such details are provided/updated.

SEBI/HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30th January, 2026

In order to facilitate the investors to get rightful access to their securities, SEBI has decided to open another special window for transfer and dematerialisation (“demat”) of physical securities which were sold/purchased prior to April 01, 2019.

This special window shall be open for a period of one year from February 05, 2026 to February 04, 2027.

SEBI circular no. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated 25th January 2022

In terms of SEBI regulations (including LODR Regulation 40 and SEBI circulars), requests for transfer of securities and other investor service requests shall not be processed unless the securities are held in dematerialized form with a depository. Shareholders holding securities in physical form are therefore advised to dematerialise their holdings to enable processing of such requests.

Investor shall submit duly filed up Form ISR-4 attached herewith along with the documents/ details specified therein for processing of the Investors service requests.

SEBI vide circular no. HO/38/13/(3)2026-MIRSD-POD/I/3763/2026 dated 30th January 2026, done away with the requirement of issuance of Letter of Confirmation (“LOC”) and to effect direct credit of securities in dematerialisation account of the investor.

In order to simplify the process for credit of securities pursuant to investor service requests by reducing the timelines, risk of loss and pilferage, SEBI has decided to do away with the requirement of issuance of LOC.

SEBI Circular dated 25. 01.2022 transfer

SEBI Circular dated 30. 01.2026_LOC

SEBI vide circular no. HO/38/13/11(3)2025-MIRSD-POD/I/1102/2025 dated 24th December 2025 regarding Review of simplification of procedure and standardization of formats of documents for issuance of duplicate certificates

To facilitate ease of doing investment for investors, SEBI decided to increase the threshold for simplified documentation from the current Rs. Five Lakhs to Rs. Ten Lakhs;

To simplify the documentation, SEBI decided to:

• Prescribe a standardised Affidavit-cum-Indemnity bond;

• Rationalise the documentation for securities having value of more than Rs. Ten Lakhs; and

• Do away with notarisation of the Affidavit-cum-Indemnity bond for cases involving securities with value up to Rs. Ten Thousand.

SEBI circular dated June 23, 2025 - Simplified norms for processing investor’s service requests by RTAs and norms for furnishing PAN, KYC details and Nomination

Securities and Exchange Board of India (SEBI), vide Master Circular dated 23.06.2025 read with Circular dated 27.12.2023, has mandated the following:

(i) Investors holding securities in dematerialised form:- Such investors are required to submit their choice of nomination with their respective Depository Participants (DPs).

(ii) Investors holding securities in physical form:- Such investors are required to update the following details in respect of all concerned folios with the Registrar and Share Transfer Agent (RTA) of the Company, using the relevant prescribed forms:
•    PAN
•    Choice of nomination
•    Contact details (postal address with PIN code and mobile number)
•    Bank account details
•    Specimen signature

Physical security holders whose above details are not updated shall be eligible:
(i) To lodge grievances or avail any service request from the RTA only after furnishing PAN and KYC details;
(ii) To receive any payment, including dividend, interest or redemption amount, only through electronic mode with effect from 01.04.2024.

Further, SEBI, vide Circular dated 10.06.2024, has clarified that security holders holding securities in physical form shall be eligible to receive any payment, including dividend, interest or redemption amount, and to lodge grievances or avail any service request from the RTA, even if the ‘choice of nomination’ has not been submitted, subject to compliance with other applicable KYC requirements.

100 Days Campaign – “Saksham Niveshak” (July 28, 2025 to November 6, 2025) Update Your KYC Details and Claim Your Unpaid/Unclaimed Dividends

The Investor Education and Protection Fund Authority (IEPFA) & Ministry of Corporate Affairs (MCA), vide its intimation dated 27th March 2026, has called upon companies to participate in the 2nd 100 Days Campaign (commencing from 1st April 2026-9th July 2026) – “Saksham Niveshak”, with the objective of reaching out to shareholders whose dividends remain unpaid or unclaimed in order to prevent the same from being transferred to IEPF.