Saksham Niveshak – 100 days Campaign for updation of KYC details and release of unclaimed dividends
In terms of the provisions of Section 124(5) of the Companies Act, 2013 (‘the Act’) read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer, and Refund) Rules, 2016 (“IEPF Rules”) (including any statutory modification(s) and/or reenactment(s) thereof for the time being in force), any dividend remaining unpaid or unclaimed for a period of 7 (seven) years from the date of transfer to Unpaid Dividend Account, shall be transferred by the Company to the Investor Education and Protection Fund (‘IEPF’) established by the Central Government.
Further, in terms of the provisions of Section 124(6) of the Act read with the IEPF Rules, the shares in respect of which dividend is unpaid or unclaimed for a period of 7 (seven) consecutive years or more, shall also be transferred to the IEPF Authority.
Details of such unclaimed dividends and shares are regularly updated on the websites of the Ministry of Corporate Affairs (‘MCA‘) (www.mca.gov.in) and the Company (https://www.titancompany.in).
Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs has initiated a 100 days campaign named “Saksham Niveshak” from 28th July 2025 to 6th November 2025 for KYC and other related updations and Shareholder Engagement to Prevent Transfer of Unpaid/Unclaimed Dividends to IEPF
SEBI vide its Master Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/91 dated 23rd June 2025, has mandated for all the shareholders holding shares in physical form to update their PAN, Contact Details (Postal Address with PIN code and Mobile Number), Bank A/c details, and Specimen Signature for their corresponding folio.
In case if any of such updated details/documents are not registered with the Company, such folio(s) shall be considered as KYC non-compliant, and such shareholder(s) shall be eligible to receive any dividend/interest payments only through electronic mode effective from 1st April 2024, upon updation of the required details with MUFG Intime India Private Limited, Company’s Registrar and Share Transfer Agent (‘RTA‘), at the earliest.
The members are herewith urged again to update their KYC details and bank mandates in order to receive the dividends in electronic form.
The eligible shareholders are requested to submit the following documents to enable the Company to release outstanding dividends:
| Type of holding |
Documents to be submitted with MUFG Intime India Private Limited (‘RTA’) |
|---|
| Shares held in Demat form |
- Update KYC details with your Depository Participant, especially Bank account number, bank name and branch, IFSC code and MICR, choice of nomination
- Submit self-attested copy of Client master list (CML) to RTA or upload the same on RTA Website.
|
| Shares held in Physical form |
Submit below documents:
- Investor Service Request Forms i.e. Form ISR-1, Form ISR-2 and Form ISR-3 or Form No. SH-13 (Nomination form) duly filled as per the instructions stated therein along with the supporting documents. Forms are available on RTA's website at https://web.in.mpms.mufg.com/KYC-downloads.html
- Original cancelled cheque stating your name as account holder
- Other supporting documents, if any.
|
Shareholders are requested to contact our Registrar and Transfer Agent:
MUFG Intime India Private Limited
(Formerly Link Intime India Private Limited),
Unit: Titan Company Limited
C-101, Embassy 247, L.B.S. Marg,
Vikhroli (West), Mumbai – 400 083.
Help line No. +91 8108118484
For any queries, raise a services at at https://web.in.mpms.mufg.com/helpdesk/Service_Request.html or send an email at investor@titan.co.in
