UltraTech Cement Limited has informed the Exchange regarding 'Intimation to the shareholders 100 Days campaign Saksham Niveshak '.
ULTRACEMCO · price
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UltraTech Cement has written to shareholders about the IEPFA's 100-day 'Saksham Niveshak' campaign aimed at helping investors claim unpaid or unclaimed dividends. The company is urging shareholders to update their KYC details (PAN, contact number, mobile, bank account, and specimen signature) to avoid having their dividends transferred to the Investor Education and Protection Fund (IEPF). Shareholders with unclaimed dividends for seven consecutive years or more risk having their shares transferred to the IEPF, after which claims must be made directly from the authority. The required forms (ISR-1, ISR-2, ISR-3, and SH-13) are available on the company's website and the registrar KFin Technologies' portal. SEBI has also mandated that physical-share holders without updated KYC will only receive payments electronically from April 1, 2024.
This is a routine compliance and investor-awareness communication with no direct impact on the stock price or business operations. Shareholders holding UltraTech shares in physical form should act promptly to update KYC details to ensure they receive dividend payments and avoid transfer of shares to the IEPF.