StockWatch
·
Lubricants
Business Update21 May 2026, 12:16 pm

GP Petroleums Launches Saksham Niveshak Campaign Phase 2

AI Summary

GP Petroleums Ltd. announced the second phase of the "Saksham Niveshak – 100 Days Campaign," initiated by the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs (MCA). The campaign, running from April 01, 2026, to July 09, 2026, aims to create awareness among shareholders regarding updating KYC details and claiming unpaid/unclaimed dividends before their transfer to the IEPF. GP Petroleums had previously conducted a similar campaign from July 28, 2025, to November 06, 2025, and sent individual communications to shareholders with unpaid dividends on April 29, 2026.

Key Highlights

  • GP Petroleums announces Phase 2 of Saksham Niveshak campaign for unclaimed dividends.
  • Campaign runs from April 01, 2026 to July 09, 2026, focusing on shareholder awareness.
  • Shareholders urged to update KYC and claim dividends before transfer to IEPF.
  • GP Petroleums proactively assists shareholders in claiming unpaid dividends.
  • Shareholders should submit required forms to MUFG Intime India Private Limited.