Adtech Systems Launches Second 100 Days Campaign 'Saksham Niveshak' for Shareholder Record Updates
Adtech Systems Limited has launched its second 100 Days Campaign 'Saksham Niveshak' to help shareholders update KYC details and claim unpaid dividends. Out of 186 eligible shareholders, 99 have updated their records, 61 have updated bank details, and 98 have provided nominee details. The campaign, communicated through website notifications, has received 99 shareholder feedbacks and is progressing on track without significant challenges.

*this image is generated using AI for illustrative purposes only.
Adtech Systems Limited has launched its second 100 Days Campaign titled 'Saksham Niveshak' under the directive of the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs. The campaign is designed to assist shareholders with critical account updates and dividend claims to prevent the transfer of shares and dividends to the IEPFA.
Campaign Objectives and Scope
The 'Saksham Niveshak' campaign focuses on two primary objectives for shareholders. The initiative aims to help shareholders update their Know Your Customer (KYC) details, including bank account mandates, nominee registration, and contact information such as email ID, mobile number, and address. Additionally, the campaign assists shareholders in claiming any unpaid or unclaimed dividends for past financial years, thereby preventing the transfer of such dividends and related shares to the IEPFA.
Progress Report and Shareholder Response
According to the first progress report, the campaign has shown significant engagement from the shareholder community. The company has identified a total of 186 shareholders who have unpaid or unclaimed dividends and shares not transferred to IEPF.
| Parameter: | Count |
|---|---|
| Total Shareholders with Unpaid Dividends: | 186 |
| Shareholders with Updated Records: | 99 |
| Shareholders with PAN Details: | 99 |
| Shareholders with Updated Bank Details: | 61 |
| Shareholders with Nominee Details: | 98 |
Communication Strategy and Effectiveness
The company has primarily communicated the campaign through website and portal notifications. This communication strategy has proven effective in reaching the intended shareholders, with the company receiving 99 feedbacks or inquiries from shareholders regarding the campaign. The progress report indicates that no significant challenges were faced during the campaign implementation.
Campaign Status and Management
The campaign is progressing on track as per the initial plan, with the campaign coordinator providing positive feedback on the overall progress. The company has maintained systematic monitoring of the record update process, ensuring that shareholders receive adequate support in completing their documentation requirements.
| Campaign Metrics: | Status |
|---|---|
| Communication Method: | Website/Portal Notifications |
| Shareholder Feedbacks Received: | 99 |
| Campaign Progress: | On Track |
| Challenges Faced: | None |
| Coordinator Review: | Good |
The campaign represents Adtech Systems Limited's proactive approach to shareholder service and compliance with regulatory requirements. By facilitating the update of shareholder records and dividend claims, the company aims to protect shareholder interests and ensure proper maintenance of investor databases. The systematic approach and positive response rate demonstrate the effectiveness of the company's shareholder engagement initiatives.
Historical Stock Returns for ADTECH
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.31% | +2.22% | +31.64% | -11.94% | +4.98% | +2.66% |
Will other companies in the adtech sector follow Adtech Systems' proactive approach to launch similar IEPFA compliance campaigns?
How might the success of this campaign influence IEPFA's future guidelines for mandatory shareholder engagement initiatives?
What impact could improved shareholder record management have on Adtech Systems' corporate governance ratings and investor confidence?































