Schaeffler India Limited has informed the Exchange about Copy of Newspaper Publication - Information about Second Saksham Niveshak Campaign by IEPFA and Special Window introduced for Re-lodgment of transfer requests of physical shares
SCHAEFFLER · price
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Schaeffler India has published newspaper advertisements (in Economic Times and Prabhat Pune editions dated May 15, 2026) informing shareholders about two initiatives. First, the Second Saksham Niveshak campaign by IEPFA is a 100-day outreach initiative to help shareholders update KYC details including contact information, register nominees, and claim unclaimed dividends to prevent these amounts from being transferred to IEPFA. Second, a special one-year window from February 5, 2026 to February 4, 2027 has been opened for shareholders to submit transfer and dematerialization requests for physical shares that were sold or purchased before April 1, 2019, including previously rejected or returned requests. Shareholders with unclaimed dividends for 7 consecutive years face mandatory transfer of those amounts and shares to IEPFA.
This is a shareholder servicing notification with no direct impact on the company's financials or stock price. It provides shareholders, particularly those holding physical shares, an opportunity to regularize their holdings and claim unclaimed dividends before statutory transfer to IEPFA occurs.