Corporate Governance2 Jun 2026, 12:58 pm
ABSL AMC Launches 'Saksham Niveshak' Campaign for Unclaimed Dividends
AI Summary
Aditya Birla Sun Life AMC has initiated the 'Saksham Niveshak' campaign, running from April 1, 2026, to July 9, 2026, in response to an IEPFA directive. The campaign aims to assist shareholders in updating their KYC, nomination, and bank details to claim unpaid or unclaimed dividends from the financial years 2021-22 to 2024-25. This proactive measure is designed to ensure shareholders receive their dues and prevent the transfer of unclaimed funds to the Investor Education and Protection Fund (IEPF).
Key Highlights
- Campaign 'Saksham Niveshak' runs from April 1, 2026, to July 9, 2026.
- Focuses on updating KYC, bank mandates, and nomination details for shareholders.
- Targets recovery of unpaid or unclaimed dividends for financial years 2021-22 to 2024-25.
- Prevents transfer of unclaimed dividend amounts to the Investor Education and Protection Fund.
Price Impact
More from ABSLAMC