NewsArman Financial Services Launches Second 100-Days 'Saksham Niveshak' Campaign to Drive KYC Updation and Prevent IEPF Transfer of Unclaimed DividendsArman Financial Services Launches Second 100-Days 'Saksham Niveshak' Campaign to Drive KYC Updation and Prevent IEPF Transfer of Unclaimed Dividends
Arman Financial Services has launched its Second 100-days 'Saksham Niveshak' campaign from April 01, 2026 to July 09, 2026, in response to an IEPFA and MCA directive dated March 27, 2026. The campaign urges shareholders to update KYC details and claim unpaid or unclaimed dividends before transfer to the IEPF, with physical shareholders required to submit forms ISR-1 through SH-14 to RTA Bigshare Services Private Limited. Dividends for FY2017-18 and earlier have already been transferred to IEPF, while FY2018-19 final dividend claims can still be made directly to the RTA.
*this image is generated using AI for illustrative purposes only.
Arman Financial Services has announced the launch of its Second 100-days Campaign — "Saksham Niveshak" — scheduled to run from April 01, 2026 to July 09, 2026. The initiative is in response to a directive issued by the Investor Education and Protection Fund Authority (IEPFA) and the Ministry of Corporate Affairs (MCA) dated March 27, 2026, calling upon companies to proactively reach out to shareholders with unpaid or unclaimed dividends. The company noted that it had already taken several proactive steps in this direction even prior to the issuance of the official intimation, including dispatching annual reminder letters to shareholders to update their details and claim their entitlements.
Campaign Objective
The primary purpose of the Saksham Niveshak campaign is to create awareness among shareholders about the importance of updating their KYC and other related details, and to encourage them to claim any unpaid or unclaimed dividends before such amounts are transferred to the Investor Education and Protection Fund (IEPF). Shareholders who do not update their details risk having their dividend amounts withheld. Only upon registering or updating the required information will shareholders become eligible to receive payments — including dividends — through electronic mode, and to lodge grievances or avail of service requests from the Registrar and Transfer Agent (RTA).
Action Required from Shareholders
Shareholders holding shares in physical form are requested to update their KYC and related information by submitting the following forms to the RTA, Bigshare Services Private Limited:
| Form | Purpose |
|---|---|
| Form ISR-1 | Filled and signed, with self-attested KYC documents |
| Form ISR-2 | Filled and signed, with banker's attestation of signature + original cancelled cheque (with name printed) or self-attested bank passbook/statement |
| Form ISR-3 | For opting out of nomination |
| Form ISR-4 | Request for issue of duplicate certificate and other service requests |
| Form SH-13 | For adding a nominee |
| Form SH-14 | For cancellation of nomination |
These forms can be downloaded from the RTA's website or the company's official website. Documents may be submitted either by post or via email from the shareholder's registered email ID with digitally signed documents.
Submission Details
The key contact and submission details for shareholders are as follows:
| Parameter | Details |
|---|---|
| RTA Name | Bigshare Services Private Limited |
| Postal Address | Office No 303, Sun Square Complex, Near Chakradhari Society Bus Stop, Girish Cold Drinks Cross Road, C.G. Road, Navrangpura, Ahmedabad-380009, Gujarat, India |
| RTA Email | bssahd@bigshareonline.com |
| RTA Contact No. | +91 079 4919 6459 |
| Campaign Helpdesk | secretarial@armanindia.com |
| Submission Deadline | July 09, 2026 |
Shareholders holding shares in electronic form who have not claimed their dividend are requested to update or modify their KYC and other details with their respective Depository Participants and intimate the updated details to the RTA.
Dividend Transfer Status and Pending Claims
The company has advised its members to claim any unpaid or unclaimed dividend amounts in respect of the final dividend for the financial year 2018-19 by sending a request to Bigshare Services Limited, the R&TA of the company. It has been noted that unpaid or unclaimed dividend amounts relating to the financial year 2017-18 and earlier have already been transferred to the IEPF. Claims in respect of such amounts are to be made directly to the IEPF Authority in accordance with applicable statutory provisions. Shareholders are urged to act promptly and submit all required documents on or before July 09, 2026 to ensure their entitlements are preserved.
Historical Stock Returns for Arman Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.42% | +17.44% | +13.27% | +5.96% | +16.91% | +218.11% |
How might Arman Financial Services' shareholder response rate to the Saksham Niveshak campaign compare to industry benchmarks, and what percentage of unclaimed dividends could realistically be recovered before the July 2026 deadline?
If a significant portion of the 2018-19 final dividend remains unclaimed after July 09, 2026, what financial and regulatory consequences could Arman Financial Services face upon mandatory transfer to IEPF?
Could the IEPFA's March 2026 directive signal a broader regulatory push toward stricter enforcement of unclaimed dividend recovery across Indian listed companies, and how might this reshape corporate investor relations practices?
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