Mahindra Holidays & Resorts India Limited has informed the Exchange regarding 'Saksham Niveshak" - 100 Days Campaign From 28Th July, 2025 To 6Th November, 2025 - Request To Shareholders To Update KYC Details And Claim Unpaid/Unclaimed Dividends.'.
MHRIL · price
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Mahindra Holidays & Resorts India Limited (MHRIL) has informed the exchanges about the IEPFA-led 100-day 'Saksham Niveshak' campaign running from July 28, 2025 to November 6, 2025, urging shareholders to update their KYC details and claim unpaid/unclaimed dividends before they are transferred to the Investor Education and Protection Fund (IEPF). The company's last declared dividend was for FY 2017-18, and shareholders who have not claimed that dividend must do so on or before September 1, 2025, after which it will be moved to the IEPF. The company clarified that no dividend has been declared from FY 2018-19 to FY 2024-25 due to a mandatory change in accounting standards (from Ind AS 18 to Ind AS 115) which required restatement of accounts from inception till FY 2018-19. Shareholders have been asked to update PAN, bank account, IFSC, email, mobile, address, and nomination details with their depository participant or the company's RTA, KFin Technologies Limited.
This is a routine compliance and shareholder outreach announcement with no direct impact on share price or earnings. Investors holding MHRIL shares should verify their KYC details and claim any unclaimed FY 2017-18 dividend before the September 1, 2025 deadline to avoid losing it to the IEPF. The note on no dividends since FY 2017-18 (despite profits) is a reminder for income-seeking shareholders.