The Securities and Exchange Board of India (‘SEBI’) vide its circular SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated November 03, 2021 (also read with circular dated December 14, 2021) 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 Ester Industries Limited (“the Company”) i.e. MAS Services Limited. Key highlights of the circular are as under:

You may click below to refer respective SEBI circular(s) in this behalf:

• SEBI Circular dated December 14, 2021
• SEBI Circular dated November 03, 2021

In view of the above, 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:

• PAN;
• Nomination (for all eligible folios);
• Contact details including Postal address with PIN code, Mobile Number, E-mail address;
• Bank Account details including Bank name and branch, Bank account number, IFS code;
• 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 31^st March, 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 1^st April, 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.

Further, SEBI vide its Notification no. SEBI/LAD-NRO/GN/2022/66 dated January 24, 2022, has mandated the after request issuance of certificates or receipts or advices in Dematerialized form only. In continuation of the said notification the shareholders are now required to file duly filled Form ISR-4 for issue of Duplicate share certificate or for other such requests pursuant to SEBI Circular no. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022.