SMS Lifesciences India Limited — Important, 30-12-2024: General Updates

SMS Lifesciences India Limited has notified shareholders holding physical shares about the withholding of dividends due to non-compliance with KYC norms, as mandated by SEBI. The dividend, approved at the 18th Annual General Meeting at a rate of ₹1.50 per equity share for the financial year 2023-24, will only be released upon updating KYC details in accordance with regulatory requirements. Shareholders are urged to submit the necessary documentation, including PAN and Aadhar, to facilitate the processing of their dividend. The situation emphasizes the importance of compliance for the receipt of corporate benefits, reflecting an ongoing trend of digitalization in shareholder management. Attention to this compliance is crucial, and shareholders are encouraged to act promptly to avoid delays in dividend disbursement.