SANGHVIMOVNSESanghvi Movers Limited· EngineeringLowNeutral
Announced Fri, 17 Apr · 12:23 IST

Sanghvi Movers Limited has informed the Exchange about launch of second phase of 100 days Campaign - Saksham Niveshak.

Business Updates View source PDF

SANGHVIMOV · price

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Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹299.84
prior close
₹300.46
base price
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AI summary

Sanghvi Movers has announced the launch of phase 2 of its 'Saksham Niveshak - 100 Days Campaign' from April 1, 2026 to July 9, 2026. This initiative, mandated by the Ministry of Corporate Affairs and IEPF Authority, aims to encourage shareholders to update their KYC details and claim any unpaid or unclaimed dividends before they get transferred to the Investor Education and Protection Fund. The company is also reminding investors that updating PAN, KYC, nomination, bank details, and demat account linking is mandatory per SEBI circulars to avoid freezing of folios. Shareholders are being directed to use prescribed forms (ISR-1, ISR-2, SH-13, ISR-3) through the Registrar and Share Transfer Agent.

Likely market impact

This is a routine compliance and investor awareness notification with no direct impact on the company's financial performance or stock price. It is aimed at improving shareholder record maintenance and ensuring investors can claim their rightful entitlements.