Investor Education and Protection Fund Authority 100 Days Campaign " Saksham Niveshak"
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Frontier Springs Ltd has informed BSE about its participation in the IEPF Authority's 'Saksham Niveshak' 100-day campaign, an initiative by the Ministry of Corporate Affairs to reach shareholders with unpaid or unclaimed dividends. The company has identified 14 shareholders whose dividends from the financial year 2023-25 remain unclaimed and has issued specific communications to them. Shareholders are being urged to update their KYC details with the company's Registrar and Transfer Agent (Skyline Financial Services) and claim their pending dividends before they get transferred to the Investor Education and Protection Fund. The communication will also be made available on the company's website. This is a routine regulatory compliance filing under the Companies Act, 2013, with no material business or financial impact on the company.
No direct impact on stock price or business operations. This is a standard compliance filing aimed at helping shareholders recover their unclaimed dividends, and serves to reduce the risk of dividend amounts being transferred to the IEPF.