Persistent Systems Limited has informed the Exchange regarding 'Update regarding 100 days Campaign - Saksham Niveshak by the Investor s Education and Protection Fund Authority'.
PERSISTENT · price
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Persistent Systems has informed the exchanges about its participation in the 'Saksham Niveshak' campaign, a 100-day initiative by the Investor Education and Protection Fund (IEPF) Authority under the Ministry of Corporate Affairs. As part of this, the company is helping shareholders update their KYC details and raising awareness about claiming any unpaid or unclaimed dividends before these amounts are transferred to the IEPF. The company has shared the relevant communication on its investor website for shareholder reference. This is a routine compliance and investor awareness filing, not a business or financial update.
No direct impact on the company's financials or stock price. Shareholders who have unclaimed dividends or outdated KYC details should review the campaign and take action to avoid losing their money to the IEPF.