Chennai Petroleum Corporation Limited has informed the Exchange regarding '100 Days Campaign- Saksham Niveshak'.
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Chennai Petroleum Corporation Limited (CPCL) has informed the exchange about the SEBI-led '100 Days Campaign – Saksham Niveshak'. This is a pan-India investor awareness initiative aimed at helping physical shareholders dematerialise their shareholdings and update their KYC (PAN, bank account, address, nomination, etc.) details with the company or its Registrar (Cameo Corporate Services). The campaign encourages investors holding shares in physical form to convert them into electronic (demat) form for safer and easier management. CPCL's share is part of the broader push by listed companies to reduce unclaimed shares and inactive folios.
No direct impact on the stock price or business operations. Shareholders who still hold CPCL shares in physical form should take this opportunity to update KYC and consider dematerialising their holdings to avoid risks like lost certificates or frozen folios.