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APPEAL TO THE SHAREHOLDERS OF DCB BANK LIMITED(“the Bank”), HOLDING SHARES IN PHYSICAL MODE, TO UPDATE THEIR KYC DETAILS AGAINST THEIR RESPECTIVE FOLIOS ON OR BEFORE SEPTEMBER 30, 2023

The Securities and Exchange Board of India (SEBI) vide its Circulars Nos. SEBI/HO/MIRSD/MIRSD_RTAMB/P/ CIR/2021/655 dated November 03, 2021 & SEBI/HO/MIRSD/MIRSD_RTAMB/P/ CIR/2021/687 dated December 14, 2021, inter alia, had directed the shareholders whose KYC details are not updated with the Bank/RTA, holding shares in physical mode to update their KYC details [PAN, Mobile, E-mail ID, Bank Details, Nomination and Signature] on or before March 31, 2023 failing which all the Non-Kyc compliant folios required to be frozen by the Registrar and Transfer Agent (RTA) w.e.f. April 01, 2023. Further, if the folios continue to be remained frozen as on December 31, 2025, the shares in the frozen folios shall be referred by the RTA / Bank to the administering authority under the Benami Transactions (Prohibitions) Act, 1988 and or Prevention of Money Laundering Act, 2002.

All the shareholders have already been informed about the aforementioned mandatory requirements through various communications viz. February 15, 2022, November 4, 2022 and January 24, 2023.

SEBI, in supersession of the aforesaid two Circulars, has issued a Circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023 and has, inter alia, extended the time for updating the KYC Details till September 30, 2023.

The Shareholders are advised to take note of the above and comply with the said requirements.The relevant SEBI Circular and the required prescribed forms for updating their KYC details are available at the links given below :

The shareholders having shares in frozen folios shall be :

a) eligible to lodge grievance or avail service request from the RTA only after furnishing the complete documents / details as aforesaid

b) eligible for any payment including dividend, interest or redemption payment only through electronic mode and an intimation from the RTA to the holder that the aforesaid such payment is due and shall be made electronically upon complying with the requirements. Post receipt of requested KYC documents as mentioned above, frozen folios shall be unfreezed and shares would be dematerialized on receipt of relevant documents.

Relevant forms/Circulars can also be downloaded from the website of the Registrar & Share Transfer Agent (RTA) of the Bank: https://web.linkintime.co.in/KYC-downloads.html and shareholders can contact the RTA at the following address:

LINK INTIME INDIA PRIVATE LTD.
C-101, 247 Park, L. B. S. Marg, Vikhroli (West), Mumbai –400083.
Tel No: +912249186000 (Board Line) 022-49186270 (Investor Helpdesk)
Fax: +91 22 49186060
E-mail id: rnt.helpdesk@linkintime.co.in
Website: www.linkintime.co.in