Newspaper advertisement regarding intimation of 100 days campaign named ''Saksham Niveshak'' by Investor Education and Protection Fund Authority, Ministry of Corporate Affairs.
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Benares Hotels Ltd has submitted to BSE a copy of newspaper advertisements and shareholder reminder letters related to unclaimed dividends. The company published notices in Financial Express (Delhi and Mumbai editions, English) and Hindustan (Varanasi edition, Hindi) on September 24, 2025, informing shareholders about the 'Saksham Niveshak' 100-day campaign run by the IEPF Authority under the Ministry of Corporate Affairs. Separately, reminder letters were sent to specific shareholders with unclaimed dividends for FY 2017-18, 2018-19, 2019-20, 2021-22, 2022-23, and 2023-24 (no dividend was declared for FY 2020-21). Under Section 124 of the Companies Act, 2013, dividends unclaimed for seven years and corresponding shares must be transferred to the IEPF. Shareholders are asked to submit KYC documents to the company's Registrar MUFG InTime India Private Limited to claim their dividends before they move to the IEPF.
This is a routine regulatory compliance filing with no direct impact on earnings, operations, or share price. Shareholders who have not claimed past dividends should act promptly to avoid losing the money to the IEPF after the seven-year period.