According to the Securities & Exchange Board of India (SEBI) circular dated 3rd November 2021, it is mandatory for investors to update their PAN, KYC, and Nomination details. This requirement ensures smooth processing of various service requests, including:
- Issuance of duplicate securities certificates
- Replacement, renewal, or exchange of securities certificates
- Dematerialization of physical share certificates
- Rematerialization
- Other listed services
Failure to update PAN, KYC, and Nomination details will result in your Demat Account being suspended or frozen.
For dematerialization, investors must submit PAN, KYC, and Nomination details to the respective company’s Registrar and Transfer Agents (RTA). If shares are held across multiple companies, details must be submitted to each company’s RTA individually.
Example: If Shruthi wants to dematerialize her Reliance Industries Ltd. share certificates, she must provide the required details to Reliance Industries Ltd.’s RTA. If she also holds certificates from other companies, she must repeat the process with each company’s RTA.
Tip: Always keep your PAN, Aadhaar, and nominee details updated in advance to avoid delays during dematerialization requests.
What if...
| Scenario | What to Do |
|---|
| I haven’t updated my PAN or KYC | Submit updated details to your RTA immediately, or your account may be frozen. |
| My shares are from multiple companies | Provide PAN, KYC, and nominee details separately to each company’s RTA. |
| I submitted details but status still shows pending | Processing may take 2–5 working days. Follow up with your RTA if it exceeds this timeline. |
| I’m unsure about the process | Refer to the official SEBI circular or contact your RTA for guidance. |
Last updated: 01 Sep 2025
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