LMW Limited Issues KYC Update Intimation to Physical Shareholders Under SEBI Regulations

2 min read     Updated on 01 May 2026, 07:19 AM
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LMW Limited has formally notified physical shareholders to update mandatory KYC details including PAN, contact information, mobile numbers, bank account details, and specimen signatures as per SEBI Master Circular requirements. The communication, issued under Regulation 30 on April 30, 2026, emphasizes that dividend payments will be processed only through electronic mode for compliant shareholders, with MUFG Intime India Private Limited serving as the registrar for the KYC updation process.

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LMW Limited (formerly Lakshmi Machine Works Limited) has issued a formal intimation to shareholders holding shares in physical mode regarding the mandatory updation of their Know Your Customer (KYC) details. The notification, dated April 30, 2026, was sent to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Compliance Requirements

The intimation follows SEBI Master Circular dated May 7, 2024, and SEBI Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/81 dated June 10, 2024. These regulations mandate all listed companies to record specific details of shareholders holding physical securities to ensure seamless dividend and interest payments.

Mandatory Details: Status
PAN Required
Contact Details with PIN Code Required
Mobile Number Required
Bank Account Details Required
Specimen Signature Required
Email Address Optional
Nomination Details Optional

Impact on Dividend Payments

The SEBI regulations have significant implications for shareholders who fail to update their KYC details. According to the circular, dividend and interest payments will be made only through electronic mode with effect from April 1, 2024, upon furnishing all mandatory details in entirety.

Key provisions include:

  • Non-updation of any mandatory KYC detail will result in dividend payments being processed only through electronic mode
  • Shareholders who update their details after April 1, 2024, will automatically receive all dividends declared during the period from April 1, 2024, till the date of updation
  • The company emphasizes compliance with mandatory fields to enable timely dividend credits

Registrar Services and Documentation

LMW Limited has engaged MUFG Intime India Private Limited (CIN: U67190MH1999PTC118368) as the registrar to facilitate the KYC updation process. The registrar is located at C-101, 247 Park, L.B.S.Marg, Vikhroli(West), Mumbai – 400083, with contact details including telephone (0) 810 811 6767 and email KYC1@in.mpms.mufg.com .

Available Forms: Purpose
ISR-1 KYC Updation
ISR-2 KYC Updation
ISR-3 KYC Updation
SH-13 Nomination
SH-14 Nomination

These forms and SEBI circulars are available on the registrar's website at web.in.mpms.mufg.com under Resources → Downloads → KYC → Formats for KYC.

Communication Details and Authorization

The official communication was issued under reference number Sec/270/2026 and addressed to both stock exchanges. BSE Limited received the intimation at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, while National Stock Exchange of India Limited was contacted at Exchange Plaza, Bandra Kurla Complex, Bandra(E), Mumbai.

Exchange Details: Information
BSE Scrip Code 500252
NSE Symbol LMW
Communication Reference Sec/270/2026
Digital Signature Time 2026.04.30 17:10:42 +05'30'

Additional Recommendations

The registrar has advised shareholders holding shares in physical form to consider converting their holdings to demat form at the earliest possible time, as this conversion would be beneficial for market liquidity. The company has made the intimation available on its official website at www.lmwglobal.com for easy access by shareholders.

Shareholders who have already submitted KYC documents or dematerialized their physical securities are advised not to resubmit documents. The notification was signed by C R Shivkumaran, Company Secretary and Compliance Officer of LMW Limited, and digitally authenticated on April 30, 2026.

Historical Stock Returns for LMW

1 Day5 Days1 Month6 Months1 Year5 Years
+2.04%-0.35%+20.88%-5.69%-6.95%+138.41%

How might the mandatory KYC requirements affect LMW's shareholder base composition and trading volumes in the coming quarters?

What percentage of LMW's shareholders currently hold shares in physical form, and could non-compliance lead to significant dividend payment delays?

Will other listed companies face similar compliance challenges, and how might this impact overall market liquidity across BSE and NSE?

Adi Narayana Family Trust Receives FY26 Compliance Certificate Under SEBI Exemption Order

2 min read     Updated on 08 Apr 2026, 02:21 AM
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Adi Narayana Family Trust received its FY26 compliance certificate from RJC Associates, confirming adherence to SEBI exemption order conditions. The certificate covers trust governance, shareholding structure, and compliance with amalgamation schemes related to LMW Limited holdings. All stipulated conditions including restrictions on beneficial interest transfers and trustee composition were met during the financial year ended 31st March 2026.

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Adi Narayana Family Trust has received its annual compliance certificate for the financial year ended 31st March 2026, confirming adherence to Securities and Exchange Board of India (SEBI) exemption order requirements. The certificate was issued by RJC Associates, Chartered Accountants, based in Coimbatore.

SEBI Exemption Order Framework

The compliance certificate addresses requirements under SEBI exemption orders originally granted in 2019. The primary order (WTM/GM/CFD/12/2019-20) dated 4th June 2019 was issued under Section 11(1) and 11(2)(h) of SEBI Act, with subsequent addendums dated 14th June 2019 and 8th July 2019. The certification process follows SEBI Master Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2023/31 dated 16th February 2023.

Compliance Confirmation Details

RJC Associates certified that the Trust has maintained full compliance with all stipulated conditions during FY26. The verification covers multiple critical areas of trust governance and shareholding structure.

Compliance Area Status
Beneficial Interest Transfers No transfers, assignments or encumbrances
Trustee Powers No delegation or transfer of powers
Trustee Composition Only individual promoters, relatives, or descendants
Outsider Introduction No outsiders added as trustees/beneficiaries
Ownership Changes No changes in trustees, beneficiaries, or voting rights
Trust Deed Modifications No changes to trust deed
Layering Structure No layering in trustees/beneficiaries

LMW Connection and Amalgamation Compliance

The certificate specifically addresses the Trust's compliance regarding its shareholding in Lakshmi Machine Works Limited. The Trust holds shares through Lakshmi Technology and Engineering Industries Limited and Lakshmi Cargo Company Limited, both of which hold shares in LMW Limited as the target company.

The compliance verification confirms that all acquisitions were conducted pursuant to Scheme of Amalgamation(s) approved by the National Company Law Tribunal, Chennai Bench, and in accordance with Companies Act, 2013 provisions.

Certification Scope and Restrictions

The compliance certificate is specifically issued for SEBI regulatory requirements and carries usage restrictions. RJC Associates has limited the certificate's application solely for Trust compliance purposes under the referenced SEBI circular and orders.

Certificate Details Information
Issuing Firm RJC Associates, Chartered Accountants
Firm Registration FRN: 003496S
Partner R. Jeyachandran (M No: 021848)
Issue Date 1st April 2026
UDIN 26021848ULAZIW6570

The certificate emphasizes that it should not be used by any other person or for any other purpose without prior written consent from the issuing chartered accountants. This restriction ensures the document's specific regulatory compliance purpose is maintained.

Historical Stock Returns for LMW

1 Day5 Days1 Month6 Months1 Year5 Years
+2.04%-0.35%+20.88%-5.69%-6.95%+138.41%

Will SEBI extend or modify the exemption order conditions when it comes up for renewal beyond the current framework?

How might changes in SEBI's regulatory approach to family trusts impact the Trust's future compliance requirements?

What strategic moves could Lakshmi Machine Works Limited make given the stable shareholding structure through the Trust?

More News on LMW

1 Year Returns:-6.95%