Please find attached the Intimation Regarding 100 Days Campaign - "Saksham Niveshak"
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Simplex Castings has informed the stock exchanges about participating in SEBI's 'Saksham Niveshak' initiative, a 100-day investor education and awareness campaign. This campaign encourages shareholders to claim unclaimed shares, unpaid dividends, and other corporate benefits that may be lying with the company. It also urges investors to update their KYC details (bank account, PAN, address, etc.) and convert physical shares into demat form. The company is required to send intimation to shareholders as part of this SEBI-driven drive aimed at reducing unclaimed investor assets and improving participation in corporate actions. No financial action from the company itself — purely a regulatory awareness communication.
No direct impact on stock price or shareholder value. Shareholders holding shares or unclaimed dividends should check their records and update KYC details to avoid missing out on any corporate benefits.