ACC Limited has informed the Exchange about Copy of Newspaper Publication pertaining to 100 Days Campaign- Saksham Niveshak for KYC and other related updation and shareholder engagement to prevent transfer of Unpaid / Unclaimed dividends to IEPF.
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ACC Limited has published a notice in newspapers as part of the government's '100 Days Campaign – Saksham Niveshak' initiative. The campaign aims to help shareholders update their KYC details and other related information. The move is intended to prevent the transfer of unpaid or unclaimed dividends to the Investor Education and Protection Fund (IEPF). Shareholders with unclaimed dividends or outdated KYC records are being urged to take corrective action within the stipulated time. This is a routine regulatory compliance step undertaken by the company in line with SEBI and MCA guidelines.
Shareholders who have not updated their KYC details or have unclaimed dividends should act promptly to avoid losing their unclaimed dividends to the IEPF. This is not expected to have a direct impact on the stock price, but is an important reminder for investors holding shares of ACC Limited.