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Ambuja Cements launches 100-day drive to safeguard unclaimed dividends

Story Highlights
  • Ambuja Cements has begun a second 100-day Saksham Niveshak drive to update shareholder KYC details and related records.
  • The campaign, publicised via newspapers and the company website, aims to prevent unpaid dividends moving to the Investor Education and Protection Fund.
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Ambuja Cements launches 100-day drive to safeguard unclaimed dividends

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The latest announcement is out from Ambuja Cements Limited ( (IN:AMBUJACEM) ).

Ambuja Cements has launched a second 100-day “Saksham Niveshak” campaign focused on Know Your Customer (KYC) and related shareholder data updates. The initiative aims to engage shareholders and ensure their records are compliant and current so that unpaid or unclaimed dividends are not transferred to the Investor Education and Protection Fund, in line with regulatory requirements.

The company has published a notice about this campaign in the Financial Express’ Ahmedabad and Mumbai editions and is also hosting the information on its website. By proactively pushing this communication through multiple channels, Ambuja is seeking to protect shareholder entitlements, improve registry accuracy and demonstrate adherence to SEBI’s disclosure and investor protection norms.

More about Ambuja Cements Limited

Ambuja Cements Limited is a leading Indian cement manufacturer, part of the Adani Group, with its registered office in Ahmedabad, Gujarat. The company supplies cement and related building materials across key domestic markets and is listed on major exchanges including the NSE, BSE and the Luxembourg Stock Exchange, giving it broad access to institutional and retail investors.

Average Trading Volume: 153,744

Technical Sentiment Signal: Hold

Current Market Cap: 1113.9B INR

For detailed information about AMBUJACEM stock, go to TipRanks’ Stock Analysis page.

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