Amarjothi Spinning Mills Limited has announced the launch of the Second 100-day Campaign 'Saksham Niveshak' aimed at facilitating KYC updates and preventing the transfer of unpaid dividends to the Investor Education and Protection Fund (IEPF). The initiative, running from April 1 to July 9, 2026, follows a directive from the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs dated March 27, 2026.

Campaign Details and Regulatory Compliance

The company published newspaper advertisements on April 29, 2026, in Trinity Mirror (English) and Makkal Kural (Tamil) to inform shareholders about this special outreach initiative. The campaign addresses critical regulatory changes that affect dividend distribution and shareholder compliance requirements.

Key Shareholder Actions Required

The Saksham Niveshak campaign facilitates shareholders in updating essential KYC details to ensure continued receipt of dividends and compliance with regulatory requirements. The initiative addresses multiple aspects of shareholder engagement and record maintenance.

Shareholders are required to update the following information:

• Bank account mandates for electronic dividend payments
• Nominee registration details
• Contact information including email addresses and mobile numbers
• Physical address updates where necessary

Regulatory Changes Affecting Dividend Payments

A significant regulatory amendment to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has eliminated the provision for dividend warrants effective November 18, 2025. This change mandates that all future dividend payments be made exclusively through electronic modes approved by the Reserve Bank of India.

Shareholders who have not registered or updated their bank account details will be unable to receive dividends until such information is properly registered with the company's Registrar and Share Transfer Agent.

Contact Information and Support

Shareholders requiring assistance with KYC updates or dividend claims can contact the company's Registrar and Share Transfer Agent. The company has provided comprehensive contact details to facilitate smooth processing of shareholder requests.

IEPF Transfer Prevention

The campaign emphasizes the importance of timely action to prevent the transfer of unclaimed dividends and corresponding shares to IEPF. Under applicable provisions, dividends remaining unclaimed for seven consecutive years, along with corresponding base shares, are liable to be transferred to the Investor Education and Protection Fund Authority.

The company strongly advises shareholders holding physical shares to convert them to demat form for enhanced market liquidity and easier management. This conversion also facilitates smoother dividend processing and reduces the risk of unclaimed amounts.

The formal communication was signed by Mohana Priya M, Company Secretary, and digitally authenticated on April 29, 2026. The company's registered office is located at Amarjothi House, 157, Kumaran Road, Tirupur-641601, Tamil Nadu.

Amarjothi Spinning Mills Limited's board of directors provided formal comments on the fine levied by BSE Limited for delayed compliance of Regulation 34 under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting held on November 10, 2025, addressed the compliance matter and recorded official comments as required by regulatory guidelines.

Board Meeting and Compliance Review

The board conducted a comprehensive analysis of the delayed compliance issue during the quarter ended December 31, 2025. After due deliberation, the directors noted that the delay in compliance was unintentional and occurred due to reasons beyond the company's control.

Management Advisory and Future Compliance

The board advised the management to ensure timely compliance in future regulatory submissions. Directors emphasized the importance of monitoring compliance requirements minutely and strictly adhering to provisions of applicable laws, regulations, and rules.

The board took note of the compliance matter and advised concerned officials and departments to implement stricter monitoring mechanisms. This directive aims to prevent similar delays and maintain robust regulatory compliance standards.

Regulatory Communication Timeline

The company demonstrated prompt response to the compliance issue by informing BSE Limited under Regulation 30 of SEBI LODR Regulations within 24 hours of receiving the notice. The fine payment was completed within the prescribed timeline, showing the company's commitment to regulatory adherence.

Official Documentation

Company Secretary Mohana Priya M signed the official communication to BSE Limited, formally recording the board's comments on the non-compliance matter during 2025-26. The documentation ensures proper regulatory compliance and maintains transparency with stakeholders regarding the delayed submission and subsequent corrective measures taken by the company.