StockWatch
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Ship Building & Allied Services
Corporate Governance5 Jun 2026, 12:48 pm

SCI Land & Assets Urges Shareholders to Claim Unpaid Dividends

AI Summary

Shipping Corporation of India Land and Assets Ltd (SCILAL) has launched its second "Saksham Niveshak" campaign to encourage shareholders to update their KYC details and claim unpaid or unclaimed dividends. This initiative aims to prevent these funds from being transferred to the Investor Education and Protection Fund (IEPF) as per statutory requirements. Shareholders are advised to update PAN, contact details, bank information, and specimen signatures. Dividends are now paid exclusively through electronic modes, and shareholders holding shares in dematerialized or physical form are guided on how to update their details with Depository Participants or the Company's Registrar & Transfer Agent, Bigshare Services Private Limited.

Key Highlights

  • SCILAL urges shareholders to claim unpaid dividends before IEPF transfer.
  • KYC updates required: PAN, contact, bank details, and specimen signature.
  • Dividends are now exclusively paid via electronic modes.
  • Shareholders can update details via DPs or the Company's RTA.
  • Campaign runs from April 1, 2026, to July 9, 2026.