Precot Limited has informed the Exchange regarding ' Communication to shareholders - Saksham Niveshak 100 days Campaign by IEPFA Request to shareholders to update KYC details and claim unpaid/unclaimed dividends
PRECOT · price
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Precot Limited has informed the stock exchange about the Investor Education and Protection Fund Authority's (IEPFA) 'Saksham Niveshak' 100-day campaign, running from 28th July 2025 to 6th November 2025. The campaign encourages shareholders to update their KYC details and claim any unpaid or unclaimed dividends before they are transferred to the IEPF. Precot has identified specific shareholders with unclaimed dividends for Financial Years 2021-2022 and 2023-2024 and is asking them to act promptly. Under Section 124(6) of the Companies Act, dividends unclaimed for seven consecutive years, along with the related shares, are transferred to the IEPF account. The company's Registrar and Share Transfer Agent (RTA) is MUFG Intime India Private Limited (formerly Link Intime), based in Coimbatore, which shareholders can contact for assistance.
This is a routine compliance and shareholder awareness communication with no material impact on the company's financials or stock price. However, specific shareholders named in the communication should act quickly to update KYC details and claim their dividends, or risk losing both the dividend amount and the underlying shares to the IEPF after the seven-year period.