NOCIL Limited has informed the Exchange regarding " Submission of First PROGRESS REPORT "SAKSHAM NIVESHAK"
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NOCIL Limited has submitted its first progress report to the Investor Education and Protection Fund Authority (IEPFA) as part of the 'Saksham Niveshak' 100-day campaign (28 July 2025 to 6 November 2025) launched by IEPFA and SEBI to help shareholders claim unpaid or unclaimed dividends and complete KYC updates. As of 31 March 2025, the total unpaid/unclaimed dividends across financial years 2017-18 to 2023-24 stood at around Rs. 3.51 crore, which has come down to roughly Rs. 3.44 crore by 31 July 2025, meaning about Rs. 6.79 lakh was successfully claimed during this period. For FY 2017-18 alone, Rs. 52.32 lakh relating to 1,25,050 shares is pending and due for transfer to IEPF on 29 September 2025, with a resolution cut-off of 31 August 2025. The company has formed a core committee with its RTA KFintech, sent multiple reminders by post and email, published newspaper notices, created a dedicated section on its website, and announced the campaign at the 63rd AGM on 7 August 2025.
This is a routine investor outreach and regulatory compliance filing with no direct impact on stock price or business operations. However, shareholders with old unpaid dividends from FY 2017-18 to FY 2023-24 or incomplete KYC should act quickly through KFintech (einward.ris@kfintech.com) to claim their money before it is permanently transferred to IEPF, especially the FY 2017-18 amount which transfers on 29 September 2025.