Banco Products launches 'Saksham Niveshak' campaign for KYC and unclaimed dividends
Banco Products launched a 100-day 'Saksham Niveshak' campaign from July 28 to November 6, 2025, to help shareholders update KYC and claim unclaimed dividends, preventing transfer to IEPF.
The campaign directly impacts and benefits shareholders with unclaimed dividends or outdated KYC, providing a clear pathway to secure their investments, but it does not affect all shareholders equally.
The campaign aims to benefit shareholders by assisting them in reclaiming unpaid dividends and updating essential information, preventing potential loss of assets to the IEPF.
Banco Products (India) Limited has launched a 100-day campaign named "Saksham Niveshak" following a letter from the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs (MCA) dated July 16, 2025. The campaign aims to facilitate KYC and other related updation, and to engage shareholders to prevent the transfer of Unpaid/Unclaimed dividends and shares to the Investor Education and Protection Fund (IEPF). The campaign commenced on July 28, 2025, and will conclude on November 6, 2025. Shareholders who have not claimed their dividends or have not updated their KYC and nomination details, or face any issues related to unclaimed dividends and shares, are urged to contact the Company’s Registrar and Transfer Agent (RTA), UFG Intime India Private Limited. Contact details for the RTA are: Geetakunj, 1, Bhakti Nagar Society, Behind ABS Tower, Old Padra Road, Vadodara - 390015, Gujarat, India. Email: Investor.helpdesk@.com, Telephone: 0265 - 3566768. Shareholders can also raise queries via a specified website or email investor@bancoindia.com. The primary objective is to proactively update KYC, bank mandates, nominee, and contact information, and to claim outstanding dividends, thereby preventing their shares and dividend amounts from being transferred to the IEPFA.
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Banco Products (I) Limited filed this with the NSE as a statutory disclosure, categorised under other investor communications. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Banco Products (I) Limited. Read the original for the full detail.