SBI Cards and Payment Services Limited has informed the Exchange about Copy of Newspaper Publication - 100 Days Campaign - "Saksham Niveshak"
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SBI Cards has published a notice in Business Standard (English and Hindi editions) on August 14, 2025, as part of the Investor Education and Protection Fund Authority's (IEPFA) 100-day 'Saksham Niveshak' campaign running from July 28 to November 6, 2025. The notice is aimed at shareholders whose dividends have remained unpaid or unclaimed, urging them to update their KYC details — including PAN, bank account, nominee, and contact information — with the company's Registrar, MUFG Intime India Private Limited. Shareholders are warned that failing to claim dividends could result in their shares being transferred to the IEPFA. The same newspaper page also carries an addendum to the 27th AGM notice proposing the appointment of Mr. Rajnikant Patel (DIN: 00003135) as an Independent Director, to be taken up as a special resolution at the AGM scheduled for August 29, 2025.
This is a routine compliance disclosure with no direct impact on the stock price. Shareholders with unclaimed dividends should act quickly to update their KYC and claim their dues to avoid transfer of shares to the IEPFA. The independent director appointment is a standard governance item to be voted on at the upcoming AGM.