IOL Chemicals Relaunches 'Saksham Niveshak' Campaign for Unclaimed Dividends
IOL Chemicals relaunches "Saksham Niveshak" campaign from April 1 to July 9, 2026, to help shareholders claim unpaid dividends and update KYC details. The initiative aims to prevent unclaimed dividends and shares from being transferred to the IEPF Authority.
The campaign is an investor awareness initiative focused on unclaimed dividends and KYC, which is a standard practice and is unlikely to have a material financial impact on the company.
The announcement is a routine communication about an investor awareness campaign and does not contain any new financial information or significant business developments that would impact the company's valuation.
IOL Chemicals and Pharmaceuticals Limited has announced the re-launch of its second 100-Day Campaign, "Saksham Niveshak," which will commence from April 1, 2026, to July 9, 2026. This initiative, aligned with the Investor Education and Protection Fund Authority (IEPFA), focuses on shareholders with unclaimed dividends, emphasizing KYC updates and related compliance requirements.
The campaign aims to facilitate the direct settlement of unclaimed or unpaid dividends to rightful shareholders. It will also assist shareholders in updating essential KYC details, including bank mandates, PAN, nomination, email ID, mobile number, and address, in accordance with SEBI requirements. A key objective is to enable shareholders to take timely action to prevent their shares and dividends from being transferred to the IEPF Authority.
Shareholders who have not claimed their dividends are advised to contact the Company's Registrar and Share Transfer Agent, M/s Alankit Assignments Limited. Details for contacting the RTA and information on unclaimed dividends are available on the company's website, www.iolcp.com. Shareholders holding shares in physical form are instructed to submit ISR-1 and other applicable forms along with self-attested documents, while those holding shares in demat form should contact their Depository Participant (DP) for KYC updates. Shareholders are urged to update their bank account details and KYC promptly before July 9, 2026, to ensure smooth receipt of dividends and prevent their assets from being transferred to the IEPF Authority.
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IOL Chemicals and Pharmaceuticals 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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See the model portfoliosA plain-language summary of a public exchange filing by IOL Chemicals and Pharmaceuticals Limited. Read the original for the full detail.