Automotive Axles Limited Notifies Shareholders of IEPF Saksham Niveshak Second 100 Days Campaign

3 min read     Updated on 09 May 2026, 05:24 AM
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AI Summary

Automotive Axles Limited has informed shareholders about the IEPFA's Saksham Niveshak – Second 100 Days Campaign running from April 1, 2026 to July 9, 2026, aimed at resolving unclaimed dividends and shares transferred to IEPF. The company has outlined mandatory KYC update requirements per SEBI circulars dated May 17, 2023 and December 16, 2021, and provided detailed submission processes for both physical and demat shareholders through its registrar, Integrated Registry Management Services Private Limited.

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Automotive Axles Limited has notified its shareholders regarding the Investor Education and Protection Fund Authority's (IEPFA) launch of the "Saksham Niveshak – Second 100 Days Campaign," scheduled from April 1, 2026 to July 9, 2026. The communication, issued on May 8, 2026, follows a directive from the IEPFA, Ministry of Corporate Affairs (MCA), conveyed via email dated March 27, 2026. The initiative is designed to reach out to shareholders whose dividends remain unpaid or unclaimed and to prevent such amounts from being transferred to the IEPF.

About the Saksham Niveshak Campaign

The Saksham Niveshak – Second 100 Days Campaign is a nationwide investor awareness initiative aimed at facilitating the resolution of pending issues related to unclaimed dividends and shares transferred to the IEPF. The campaign also seeks to assist investors in updating their KYC and nomination details, and to enable them to claim their rightful entitlements. Automotive Axles Limited has proactively engaged with its shareholders to facilitate the claiming of unpaid or unclaimed dividends under this campaign.

Key Campaign Details

The following table summarises the key parameters of the campaign:

Parameter: Details
Campaign Name: Saksham Niveshak – Second 100 Days Campaign
Campaign Period: April 1, 2026 to July 9, 2026
Governing Authority: IEPFA, Ministry of Corporate Affairs (MCA)
IEPF Website: www.iepf.gov.in
Company Investor Page: www.autoaxle.com/agm
Company Secretary Email: sec@autoaxle.com

Mandatory KYC and Documentation Requirements

Pursuant to SEBI circulars dated May 17, 2023 and December 16, 2021, it is mandatory for all investors to update their PAN, KYC, nomination, bank details, contact details, and demat account linking (where applicable) to avoid freezing of folios and to ensure seamless processing of corporate benefits. Dividends on shares are payable only in electronic mode, meaning dividends will be credited directly to the bank accounts of shareholders.

Shareholders are requested to download and submit the following forms from the company's website or via the provided weblink:

  • Form ISR-1: Duly filled and signed, with self-attested KYC documents
  • Form ISR-2: Duly filled and signed, with banker's attestation of signature and original cancelled cheque (with name printed) or self-attested bank passbook/statement
  • Form SH-13: For adding a nominee
  • Form ISR-3: For shareholders who wish to opt out of nomination

Forms and related investor updates are available at: www.autoaxle.com/investorupdates

How Shareholders Can Submit Documents

The company has outlined separate processes for physical and demat shareholders. The following table provides submission details for physical shareholders:

Parameter: Details
Contact Person: Mr. Harish K, Chief Manager
Email: irg@integratedindia.in
Registrar: Integrated Registry Management Services Private Limited
Postal Address: No. 30, Ramana Residency, 4th Cross, Sampige Road, Malleswaram, Bengaluru – 560003, Karnataka
Telephone: +91-80-23460815-818
Fax: +91-80-23460819

Documents may be submitted via post/courier (physically signed, self-attested, and dated copies) or via email (sent from the shareholder's registered email ID with digitally signed documents; for joint holders, the first holder must sign all documents).

Shareholders holding shares in demat form who have not claimed their dividend can do so by updating or modifying their details with their respective depository participants.

Shareholder Action Steps

Automotive Axles Limited has outlined the following steps for shareholders whose unclaimed dividends and shares have been transferred to the IEPF:

  • Visit the IEPF website www.iepf.gov.in to review the claim filing procedures
  • Visit the company's website www.autoaxle.com/agm under the Investor Relations section for details of unclaimed dividends and shares transferred to the IEPF
  • Contact the company at sec@autoaxle.com for any assistance or queries related to the campaign

The company has also hosted this information on its social media platforms to maximise shareholder outreach. The communication has been signed by Debadas Panda, Company Secretary & Compliance Officer, Automotive Axles Limited.

Historical Stock Returns for Automotive Axles

1 Day5 Days1 Month6 Months1 Year5 Years
-2.19%-2.64%+4.90%+8.45%+5.35%+71.92%

How much total unclaimed dividend amount does Automotive Axles Limited currently have pending with IEPF, and what percentage of shareholders are yet to claim their entitlements?

Could stricter SEBI enforcement of KYC compliance and folio freezing regulations lead to a significant reduction in unclaimed dividends across Indian listed companies in the next few years?

How might the digitization of dividend payments and mandatory demat linking impact retail investor participation and dividend recovery rates in mid-cap automotive sector companies?

Automotive Axles Schedules Board Meeting on May 19, 2026 to Approve FY26 Audited Results and Consider Final Dividend

1 min read     Updated on 09 May 2026, 12:20 AM
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AI Summary

Automotive Axles has scheduled a Board of Directors meeting for Tuesday, May 19, 2026, under Regulation 29 of SEBI (LODR) Regulations, 2015, to approve audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend on equity shares for FY 2025-26, subject to shareholder approval at the Annual General Meeting. The intimation was filed by Company Secretary Debadas Panda on May 8, 2026.

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Automotive Axles has notified stock exchanges of an upcoming Board of Directors meeting scheduled for Tuesday, May 19, 2026, pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will consider and approve the audited financial results for the quarter and year ended March 31, 2026, along with a potential recommendation of a final dividend for the financial year 2025-26.

Board Meeting Details

The key agenda items for the May 19, 2026 board meeting are outlined below:

Parameter: Details
Meeting Date: Tuesday, May 19, 2026
Regulatory Reference: Regulation 29, SEBI (LODR) Regulations, 2015
Financial Results Period: Quarter and Year ended March 31, 2026
Results Type: Audited Financial Results
Dividend Consideration: Final Dividend for FY 2025-26 (if any)
Dividend Subject To: Shareholder approval at ensuing AGM

Dividend Recommendation

In addition to approving the audited financial results, the Board of Directors will consider the recommendation of a final dividend, if any, on the equity shares of the company for the financial year ended March 31, 2026. Any such recommendation will be subject to approval by shareholders at the ensuing Annual General Meeting of the company.

Regulatory Compliance

The board meeting intimation was filed by Debadas Panda, Company Secretary and Compliance Officer of Automotive Axles, on May 8, 2026. The company is registered under CIN L51909KA1981PLC004198 and is headquartered at Hootagalli Industrial Area, Off Hunsur Road, Mysuru – 570 018, Karnataka, India. Further details are available on the company's official website at www.autoaxle.com .

Historical Stock Returns for Automotive Axles

1 Day5 Days1 Month6 Months1 Year5 Years
-2.19%-2.64%+4.90%+8.45%+5.35%+71.92%

How does Automotive Axles' FY2025-26 revenue and profit performance compare to the previous fiscal year, and what factors drove any significant changes?

Will Automotive Axles maintain or increase its dividend payout ratio for FY2025-26 given the current demand environment in the commercial vehicle axle segment?

How is the transition toward electric and hybrid commercial vehicles expected to impact Automotive Axles' product portfolio and revenue mix over the next 3-5 years?

More News on Automotive Axles

1 Year Returns:+5.35%