BSEGujarat State Petronet LtdMinimalNeutral
Announced Thu, 6 Nov · 15:44 IST

GSPL informs the exchange about Copy of Newspaper Publication regarding 100 days campaign named "Saksham Niveshak" by Investor Education and Protection Fund Authority, Ministry of Corporate ....

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gujarat State Petronet Ltd has informed BSE and NSE about a newspaper advertisement it published in the Financial Express (Ahmedabad edition) as part of a 100-day government campaign called 'Saksham Niveshak'. The campaign is being run by the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs to help investors claim unpaid or unclaimed dividends and update their KYC details. GSPL says it has separately reached out to shareholders whose dividends remain unpaid or unclaimed, reminding them that dividend payments are made only through electronic mode. Shareholders have been asked to contact the company or its Registrar and Share Transfer Agent to claim dues or update records, so that shares are not transferred to the IEPF after the mandatory period.

Likely market impact

This is a routine regulatory compliance filing with no material impact on the stock price or business. It serves as a reminder to GSPL shareholders to claim any unclaimed dividends and update KYC to avoid having their shares transferred to the IEPF.