Sub: PAN
requirement for transfer of shares in physical form
Notice is hereby given
to all the listed companies with this Exchange that vide SEBI circular No. MRD/DoP/Cir-05/2007
dated 27th April 2007 SEBI directed that the PAN No. is the sole identification
number for all participants transacting in the securities market, irrespective
of the amount of transaction. In continuation to the above, vide SEBI Circular
No. MRD/DoP/Cir-05/2009 dated 20th May 2009 which was issued in
exercise of powers conferred under Section 11 of the SEBI, 1992, read with
Section 55A of the Companies Act, 1956, SEBI directed the Stock Exchanges and
Registrars to an issue and Share Transfer Agents that for securities market
transactions and off market/private transactions involving transfer of shares
in physical form of listed companies, it shall be mandatory for the
transferee(s) to furnish copy of PAN card to the company/RTAs for registration
of such transfer of shares.
All listed companies
are requested to please comply with the directives as contained in the SEBI’s
aforesaid circular.”
Company
Secretary & Financial Controller