IEPF 'Saksham Niveshak' Campaign – KYC Update for Unclaimed Dividends
AEGISLOG · price
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Aegis Logistics has informed exchanges about the IEPF Authority's 'Second 100-Day Campaign – Saksham Niveshak' targeting shareholders with unclaimed/unpaid dividends from FY2018-19 (Final) onwards. Shareholders are urged to update KYC details (PAN, bank account, address, nomination, signature) with RTA MUFG Intime or their depositors to claim dividends. If dividends remain unclaimed for 7 consecutive years, shares will be transferred to IEPF and can only be reclaimed via IEPF-5 form.
No direct impact on stock price. Shareholders with unclaimed dividends from FY19 onwards should update KYC to avoid losing shares to IEPF.