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Biocon Withholds ₹0.50 Per Share Final Dividend for FY 2025-26 Over Incomplete Shareholder KYC and Bank Details

Shareholders must update mandatory KYC and bank information with KFin Technologies and depository participants to receive dividend electronically

Biocon Limited informs shareholders of the withholding of the final dividend of ₹0.50 per equity share for FY 2025-26 due to incomplete KYC details for physical shareholders and incomplete bank details for demat shareholders. Shareholders are urged to update their information with KFin Technologies Limited and their depository participants to claim their dividends. Details of unclaimed dividends are available on Biocon's website.

1 day ago|BIOCON+5.10%
Biocon Limited532523BIOCONCorporate Action

Biocon Limited

Corporate Action

Biocon Limited will withhold the payment of the final dividend of ₹0.50 per equity share for Financial Year 2025-26 to shareholders who have not updated mandatory KYC details and bank information. Physical shareholders must update their KYC through KFin Technologies Limited, and demat shareholders must update bank details with their depository participants to receive dividends electronically.

The final dividend for FY 2025-26 was approved at Biocon's 48th Annual General Meeting held on August 6, 2026, at ₹0.50 per equity share of face value ₹5 each.

SEBI regulations require shareholders to have updated KYC details including PAN, contact information, bank account details, and specimen signatures with the Registrar and Transfer Agent (RTA) - KFin Technologies Limited, to receive dividends electronically.

Physical shareholders with incomplete KYC details must submit Forms ISR-1 and ISR-2 along with supporting documents to KFin Technologies through approved submission modes including physical, electronic, or online uploads with e-signatures.

Demat shareholders must ensure their complete bank details including bank name, account number, IFSC code, and bank address are updated with their depository participants to receive electronic dividend payments.

Shareholders who do not update their details will have their dividend payments withheld until compliance, and unclaimed dividend details are available on Biocon’s investor relations website.

Highlights

  • Final dividend amount approved: ₹0.50 per equity share for FY 2025-26
  • Dividend payment withheld for shareholders with incomplete KYC or bank details
  • Physical shareholders to update KYC via KFin Technologies Limited using specified forms
  • Demat shareholders to update bank details with depository participants
  • Unclaimed dividends information accessible on Biocon’s official website

Key Data Snapshot

Dividend per equity share₹0.50
Face value per equity share₹5/-
Dividend payment conditionSubject to complete KYC and bank detail updation
Annual General Meeting dateAugust 6, 2026
Registrar and Transfer AgentKFin Technologies Limited

What happened

  • Biocon Limited is withholding the final dividend payment for FY 2025-26 to shareholders with incomplete KYC and bank details.
  • Shareholders with shares in physical form must update PAN, contact details, bank details, and specimen signature.
  • Shareholders holding shares in demat form must update bank details including bank name, account number, IFSC code and bank address.

Key details

  • Dividend per share approved at ₹0.50 for FY 2025-26.
  • KYC update requires submission of Forms ISR-1 and ISR-2 with supporting documents.
  • Multiple submission modes provided: in-person verification, postal submission, electronic mode with e-sign, and online upload.
  • PAN must be linked to Aadhaar as mandated by the Central Board of Direct Taxes for resident investors.
  • Dematerialisation of physical shares is encouraged as transfers in physical mode are restricted by SEBI regulations.

Regulatory and governance context

  • Dividend withholding and KYC updation directives comply with SEBI Master Circular HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated February 6, 2026.
  • SEBI Listing Regulations mandate electronic mode dividend payment upon complete bank details.
  • Biocon is enforcing compliance in line with SEBI Listing Regulations and SEBI Master Circular guidelines.

Next milestones

  • Shareholders are urged to update their KYC and bank details promptly to receive dividend payments.
  • Unclaimed dividends remain available for claiming post updation of bank or KYC details.
  • Continuous monitoring of compliance status by Biocon and its RTA KFin Technologies Limited.

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Biocon Withholds ₹0.50 Per Share Final Dividend for FY | Stockk News