Intimation to shareholders regarding 100 days Campaign - Saksham Niveshak '.
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Mahindra & Mahindra has informed its shareholders about a SEBI-led initiative called the '100 days Campaign – Saksham Niveshak.' This campaign encourages shareholders to update their KYC details such as PAN, bank account, email, and mobile number with the company or its registrar. It also aims to help investors claim any unpaid dividends or shares that may have been lying unclaimed or transferred to the Investor Education and Protection Fund (IEPF). The intimation is purely an awareness communication and does not involve any financial action by the company. Shareholders are advised to act within the campaign window to avoid losing their unclaimed holdings.
No direct impact on the stock price or financials. Shareholders with unclaimed dividends or outdated KYC details should act promptly to reclaim their holdings.