Parag Milk Foods Limited has informed the Exchange regarding reminder letter sent to shareholders on "Saksham Niveshak"- 100 Days Campaign for updating KYC details and claim their unclaimed dividend
PARAGMILK · price
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Parag Milk Foods has informed the stock exchange that it has sent reminder letters to its shareholders as part of SEBI's 'Saksham Niveshak' 100-day campaign. The campaign encourages shareholders to update their KYC details (such as PAN, bank account, address, and contact information) with the company or its registrar. It also reminds shareholders who have unclaimed dividends or shares to take action so they can receive their pending payments or holdings. This is a regulatory-driven, routine communication and is not specific to any financial event at the company.
No material impact on the stock price is expected. Shareholders who hold unclaimed dividends or have outdated KYC records should respond promptly to avoid forfeiting their dues.