Ashapura Minechem Launches 'Saksham Niveshak' Investor Awareness Campaign

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26 Aug, 2025 12:21

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Ashapura Minechem Limited has announced the initiation of a 100-day campaign named "Saksham Niveshak" to promote investor education and protection, starting from July 28, 2025, and running until November 6, 2025. This campaign is aimed at reaching out to shareholders whose dividends remain unpaid or unclaimed.

The campaign, as directed by the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs, via a circular dated July 16, 2025, focuses on facilitating shareholders in updating their KYC details. This includes bank account mandates, nominee registration, and contact information such as email, mobile number, and address. The initiative also aims to enable shareholders to claim their unpaid or unclaimed dividends, preventing the transfer of such dividends and underlying shares to the IEPF, in compliance with the Companies Act, 2013 and its associated rules.

Shareholders who have not claimed their dividends are requested to contact the Company's RTA at the earliest at the following address:

MUFG Intime India Private Limited

C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400083

Phone: +91 22 4918 6000, E-mail: rnt.helpdesk@in.mpms.mufg.com

Shareholders with incomplete KYC records are advised to approach their Depository Participant (DP) and follow the prescribed procedure to update their KYC records.

As per applicable provisions, dividends unclaimed for 7 (seven) consecutive years, along with corresponding shares, if any, are liable to be transferred to IEPF. All Shareholders are urged to take prompt action during the campaign period to safeguard their entitlement and ensure compliance with statutory requirements.

The notice regarding this campaign is available on the Company's website at www.ashapura.com.

All Shareholders are urged to take prompt action during the campaign period to safeguard their entitlement and ensure compliance with statutory requirements.