tiprankstipranks
Advertisement
Advertisement

Cheviot launches ‘Saksham Niveshak’ campaign and special window to clear legacy shareholder issues

Story Highlights
  • Cheviot begins 100-day Saksham Niveshak drive to update KYC and release unclaimed dividends.
  • Company opens one-year special window to fix rejected physical share transfers and dematerialise holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cheviot launches ‘Saksham Niveshak’ campaign and special window to clear legacy shareholder issues

Claim 55% Off TipRanks

An update from Cheviot Co. Ltd. ( (IN:CHEVIOT) ) is now available.

Cheviot Company Limited has launched its Second 100-Day Campaign, branded “Saksham Niveshak,” running from 1 April to 9 July 2026, to update shareholder KYC details and enable direct payment of unpaid or unclaimed dividends to rightful owners. The initiative also targets shareholders whose dividends or shares are parked in unclaimed suspense accounts, encouraging them to regularise their holdings and prevent transfer of funds to the Investor Education and Protection Fund.

In parallel, Cheviot has opened a special one-year window from 5 February 2026 to 4 February 2027 to re-lodge transfer requests and dematerialise eligible physical share certificates that were previously rejected or unattended due to documentation deficiencies. These measures are expected to improve shareholder compliance, reduce legacy physical holdings, and align the company more closely with evolving SEBI regulations and best practices in corporate governance and investor servicing.

More about Cheviot Co. Ltd.

Cheviot Company Limited, founded in 1897 and based in Kolkata, operates in the jute and related textiles sector, manufacturing and trading jute products for domestic and export markets. The company is listed on both BSE and NSE, reflecting a diversified shareholder base across institutional and retail investors in India.

Average Trading Volume: 210

Technical Sentiment Signal: Buy

Current Market Cap: 6.41B INR

See more data about CHEVIOT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1