Please find enclosed herewith intimation regarding 100 Days Campaign Saksham Niveshak .
MARICO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Marico Limited has informed stock exchanges about launching the 'Saksham Niveshak' campaign, a 100-day initiative requested by the Investor Education and Protection Authority (IEPFA) and the Ministry of Corporate Affairs. The campaign aims to encourage shareholders to update their KYC details (PAN linked with Aadhaar, address, mobile, bank account, signature, and nomination) and claim any unpaid or unclaimed dividends and shares. Under IEPF rules, any dividend left unclaimed for seven consecutive years gets transferred to the IEPF along with the underlying shares. The company has hosted a notice on its investor relations webpage and is urging shareholders to act promptly, either by contacting the Registrar MUFG Intime India Private Limited or the company's compliance team at investor@marico.com.
This is a routine regulatory compliance and investor awareness update, not a financial or strategic event. It has no direct impact on the stock price, but shareholders with old folios or unclaimed dividends from Marico should update their KYC and claim dues before they are transferred to the IEPF, after which recovery becomes more difficult.