Gujarat Alkalies and Chemicals Limited has informed the Exchange regarding ' Intimation regarding 100 days Campaign - Saksham Niveshak for KYC and Other Related updation to prevent transfer of unpaid/unclaimed dividends to IEPF. For more details kindly refer attached file.
GUJALKALI · price
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Gujarat Alkalies and Chemicals has informed the exchange about a 100-day campaign called 'Saksham Niveshak' aimed at helping shareholders update their KYC details such as bank account, PAN, and address. The initiative is meant to ensure that shareholders receive their unpaid or unclaimed dividends on time. Shareholders who fail to update their details risk having their unclaimed dividends transferred to the Investor Education and Protection Fund (IEPF) after the statutory period lapses. The company has asked investors to refer to the attached letter for the process and deadlines for KYC updation.
No direct impact on the stock or business. This is a routine compliance reminder for shareholders with pending dividends — investors holding unclaimed payouts should update KYC details promptly to avoid losing money to the IEPF.