Cupid Limited Launches Second 100-Day 'Saksham Niveshak' Campaign for Dividend Claims
Cupid Limited has initiated the Second 100-Day Campaign 'Saksham Niveshak' from April 1 to July 9, 2026, as directed by IEPFA and MCA to facilitate dividend claims and KYC updates for shareholders. The campaign requires shareholders to submit specific forms including ISR-1, ISR-2, SH-13, and ISR-3 through RTA Bigshare Services Private Limited to claim unpaid dividends before they transfer to IEPF.

*this image is generated using AI for illustrative purposes only.
Cupid Limited has initiated the Second 100-Day Campaign 'Saksham Niveshak' to facilitate dividend claims and KYC updates for shareholders, following directives from regulatory authorities. The company published regulatory intimation on April 17, 2026, to inform shareholders about this important initiative for unclaimed dividend recovery.
Campaign Overview and Objectives
The Investor Education and Protection Fund Authority (IEPFA) and Ministry of Corporate Affairs (MCA) requested companies through their circular dated March 27, 2026, to launch the Second 100-Day Campaign 'Saksham Niveshak'. The campaign specifically targets shareholders whose dividends remain unclaimed or unpaid, with emphasis on KYC updation and related compliance measures.
| Campaign Details: | Information |
|---|---|
| Campaign Period: | April 1, 2026 to July 9, 2026 |
| Duration: | 100 days |
| Primary Focus: | Dividend claims and KYC updates |
| Target Audience: | Shareholders with unclaimed dividends |
The objective of this initiative is to encourage shareholders to update their KYC details, bank mandates, and contact information to facilitate direct payment of unclaimed and unpaid dividends to rightful shareholders and prevent transfer to IEPF.
Documentation Requirements
The company has outlined specific forms and documents required for shareholders to claim their unpaid dividends:
| Required Forms: | Purpose |
|---|---|
| Form ISR-1: | KYC details with self-attested documents |
| Form ISR-2: | Bank details with banker's attestation |
| Form SH-13: | Adding nominee details |
| Form ISR-3: | Opting out of nomination |
Since dividend on shares is only payable in electronic mode, dividend will only be credited in shareholder's bank account after updating the required information and documents.
Process for Different Share Holdings
The company has outlined specific procedures for shareholders based on how they hold their shares:
Physical Share Holdings
Shareholders holding shares in physical form must submit applicable forms along with supporting documents to the company's Registrar and Share Transfer Agent.
| RTA Contact Details: | Information |
|---|---|
| Company: | Bigshare Services Private Limited |
| Address: | S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093 |
| Unit: | Cupid Limited |
Demat Share Holdings
For shares held in electronic form, shareholders need to update their KYC and other details with their respective Depository Participants (DP) to claim unclaimed dividends.
Documentation and Resources
The company has made required forms easily accessible to shareholders through their website at https://www.cupidlimited.com/kyc-forms-for-shareholders/ . Shareholders must fill in and deliver physical copies of these forms to the RTA at the specified address.
Regulatory Compliance
The intimation was issued under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Saurabh V. Karmase signed the regulatory intimation dated April 17, 2026, which was submitted to both BSE Limited and National Stock Exchange of India Ltd.
Call to Action
Cupid Limited encourages all shareholders to act promptly and submit their documents before July 9, 2026, to safeguard their entitlement and ensure compliance with statutory requirements. The initiative aims to prevent shareholders' dividends from being transferred to IEPF by ensuring proper documentation and contact information updates.
Historical Stock Returns for Alembic Pharmaceuticals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.87% | +8.97% | +16.21% | -15.93% | -7.89% | -21.62% |
What percentage of Cupid Limited's total dividend payouts currently remain unclaimed, and how might this campaign impact the company's cash flow?
Will other listed companies follow similar aggressive KYC compliance campaigns, potentially creating industry-wide operational challenges?
How might the success rate of this second campaign compare to the first 'Saksham Niveshak' initiative in terms of shareholder participation?


































