Magellanic Cloud Launches "Saksham Niveshak" Campaign for Unclaimed Dividends
This announcement concerns a compliance-driven investor awareness campaign to facilitate unclaimed dividend recovery, which is a routine corporate governance activity and does not indicate a significant operational or financial event for the company.
The company is proactively engaging with shareholders to help them reclaim unpaid dividends and update their KYC, demonstrating good corporate governance and investor-friendly practices.
Magellanic Cloud Limited announced on 2 September 2025 its participation in the 100-day "Saksham Niveshak" campaign, following an intimation from the Investor’s Education and Protection Fund Authority (IEPFA) dated 16 July 2025. The campaign aims to reach out to shareholders with unpaid or unclaimed dividends.
* The company's objective is to empower shareholders by raising awareness about unclaimed dividends and assisting them in reclaiming their dividends/shares. * This includes supporting shareholders for KYC and nomination updates. * Shareholders are urged to update their PAN and other KYC details, including contact information (postal address, mobile number), bank account details, and specimen signatures, along with nomination information. * Dividends for shareholders with unpaid or unclaimed amounts will be credited electronically only after the required information/documents are updated. * Shareholders holding shares in demat mode should contact their respective Depository Participants (DPs) for KYC and other detail updates. * Physical shareholders are requested to update their KYC details, PAN, and nomination by submitting Forms ISR-1, ISR-2, ISR-3, SH-13, SH-14 to the Company or Niche Technologies Private Limited (Registrar & Transfer Agent). * The company has provided a dedicated helpline: Telephone: +91 91547 84455 (10:00 a.m. to 6:00 p.m. IST) and E-Mail ID: compliance@magellanic-cloud.com. * RTA contact details: Niche Technologies Private Limited, Kolkata; Telephone: 033 2280; E-mail ID: nichetechpl@nichetechpl.com.
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Magellanic Cloud Limited filed this with the NSE as a statutory disclosure, categorised under corporate actions. 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 Magellanic Cloud Limited. Read the original for the full detail.