PARAGMILKNSEParag Milk Foods LimitedLowNeutral
Announced Thu, 14 Aug · 19:26 IST

Parag Milk Foods Limited has informed the Exchange regarding a press release dated August 14, 2025, titled ''Saksham Niveshak'' - 100 days campaign for attention of shareholders to update KYC details and claim their unclaimed dividend

PARAGMILK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Parag Milk Foods has informed the stock exchanges about its participation in the 'Saksham Niveshak' campaign, a 100-day initiative running from July 28, 2025 to November 6, 2025, directed by the IEPF Authority and Ministry of Corporate Affairs. The campaign targets shareholders with unclaimed dividends from FY 2017-18 to FY 2023-24, urging them to update their KYC details (bank account and Client Master List) with their depository participants. Shareholders can email investors@parag.com to claim unpaid dividends, while those whose shares/dividends have already been transferred to the IEPF can file Form IEPF-5 on the MCA portal. If dividends remain unclaimed for seven consecutive years, the corresponding equity shares will be transferred to the IEPF Authority without further notice.

Likely market impact

This is a routine compliance filing with no direct impact on the company's financials or stock price. Shareholders with unclaimed dividends from FY 2017-18 to FY 2023-24 should update their KYC details promptly to avoid losing their shares/dividends to the IEPF.