Aspinwall and Company Limited has informed the Exchange regarding 'Intimation regading 100 days campaign - Saksham Niveshak'.
ASPINWALL · price
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Aspinwall and Company Limited has informed the stock exchange about its participation in the 'Saksham Niveshak' campaign, a 100-day initiative launched by the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs. The campaign aims to help shareholders update their KYC details (bank accounts, nominee, contact information) and claim any unpaid or unclaimed dividends before they are transferred to the IEPFA. The company published a notice in the Financial Express (All India edition) on August 23, 2025, and shareholders have been asked to contact the Registrar and Transfer Agent, MUFG Intime India Private Limited, to take action. Dividends unclaimed for seven consecutive years are liable to be transferred to the IEPFA along with corresponding shares.
This is a routine regulatory communication with no direct impact on the company's financials or stock price. Shareholders who have unclaimed dividends or outdated KYC records should update their details promptly to avoid losing their dividend entitlement to the government fund.