Apcotex launches second 100-day ‘Saksham Niveshak’ drive to clean up unclaimed dividends

The latest announcement is out from Apcotex Industries Ltd ( (IN:APCOTEXIND) ).

Apcotex Industries Ltd has launched its second 100 Days Campaign, branded “Saksham Niveshak,” aimed at reaching shareholders with unpaid or unclaimed dividends and facilitating updates of their KYC records. The initiative, publicized through newspaper advertisements in English and Marathi and aligned with recent guidance from the Investor Education & Protection Fund Authority and the Ministry of Corporate Affairs, underscores the company’s push to improve shareholder compliance, reduce dormant payouts, and strengthen governance and investor outreach practices.

By proactively engaging investors to regularize entitlements and documentation, Apcotex is likely to mitigate future transfer of unclaimed funds to regulatory pools and enhance transparency in its shareholder register. The campaign also signals alignment with evolving regulatory expectations in India’s capital markets, potentially improving confidence among existing and prospective stakeholders.

More about Apcotex Industries Ltd

Apcotex Industries Ltd is an Indian company listed on the National Stock Exchange of India and BSE Limited. It operates within the broader industrial and manufacturing ecosystem, serving a diversified shareholder base as a publicly traded entity subject to SEBI’s listing and disclosure regulations.

Average Trading Volume: 1,612

Technical Sentiment Signal: Strong Buy

Current Market Cap: 20.23B INR

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