Datamatics Launches "Saksham Niveshak" Campaign to Update Shareholder Information
Datamatics Global Services Limited launched the "Saksham Niveshak" campaign to help shareholders update KYC and bank mandates. The initiative aims to prevent shares from being transferred to IEPF and ensure timely dividend payments. Communication includes electronic and physical outreach to registered shareholders.
This is a routine shareholder engagement initiative driven by regulatory guidance and does not involve any significant financial transactions, strategic shifts, or operational changes that would materially impact the company.
The announcement is an operational update regarding a shareholder engagement campaign initiated by a regulatory body. It does not contain any new financial information or direct impact on the company's financial performance.
Datamatics Global Services Limited has launched the second "Saksham Niveshak" 100-Days Campaign, following a request from the Investor Education and Protection Fund Authority (IEPFA) dated March 27, 2026. This initiative aims to reach out to shareholders to update their Know Your Customer (KYC) details, bank mandates, and contact information. The primary objective is to prevent shares from being transferred to the IEPF and to ensure shareholders receive their unpaid or unclaimed dividend amounts directly from the company.
The company is proactively engaging with shareholders whose dividends remain unpaid or unclaimed. Communication is being conducted electronically, and physical inland letters are being sent to shareholders whose email IDs are not registered. This effort seeks to raise awareness about the campaign and inform shareholders about their unclaimed dividends. Further details and requisite KYC updation forms are available on the company's website at https://www.datamatics.com/about-us/investor-relations/shareholder-services.
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Datamatics Global Services 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 low impact, the band that almost never moves a portfolio on its own.
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