Senco Gold Limited has informed the Exchange regarding 'Intimation regarding 100 Days Campaign Saksham Niveshak - for KYC and other related updation to prevent transfer of unpaid/unclaimed dividends to IEPF.'.
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Senco Gold Limited has informed the stock exchange about a SEBI-led '100 Days Campaign – Saksham Niveshak' initiative aimed at helping shareholders update their KYC details such as PAN, bank account, address, and contact information. The campaign is designed to protect shareholders from having their unpaid or unclaimed dividends transferred to the Investor Education and Protection Fund (IEPF) after the mandatory holding period. Shareholders who have not claimed dividends for several years are particularly at risk of this transfer. The company is encouraging investors to complete their KYC updation at the earliest to avoid losing their dividend entitlements. This is a routine regulatory and investor-awareness intimation with no impact on the company's financials or operations.
No material impact on stock price or business. Shareholders who hold Senco Gold shares and have not updated KYC details should act promptly to ensure their unclaimed dividends are not transferred to the IEPF.