SCI Launches Second 'Saksham Niveshak' Campaign for Shareholders
Shipping Corporation of India Ltd (SCI) has initiated its second "Saksham Niveshak" campaign, a 100-day outreach program aimed at shareholders. The campaign, running from April 1, 2026, to July 9, 2026, encourages shareholders to update their KYC details and claim unpaid/unclaimed dividends. This initiative is crucial as unclaimed amounts are subject to transfer to the Investor Education and Protection Fund (IEPF) after seven consecutive years. Shareholders are advised to update PAN, contact details, bank information, and nominee registration. The company emphasizes that dividend payments are now exclusively electronic, effective November 19, 2025, and provides contact details for its Registrar and Transfer Agent, Alankit Assignments Limited, for assistance.
Key Highlights
- SCI launches "Saksham Niveshak" campaign for shareholder engagement.
- Shareholders urged to update KYC and claim unpaid dividends.
- Unclaimed dividends risk transfer to IEPF after seven years.
- Dividend payments are now exclusively electronic.
- Contact RTA Alankit Assignments for assistance with updates and claims.
Price Impact
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