Beekay Steel Industries launches Saksham Niveshak campaign
Beekay Steel Industries Limited has initiated the 'Saksham Niveshak' campaign to assist shareholders in claiming unpaid dividends and updating KYC details. The campaign, effective from April 1, 2026, to July 30, 2026, aims to prevent the transfer of unclaimed dividends and shares to the Investor Education and Protection Fund Authority.

*this image is generated using AI for illustrative purposes only.
Beekay Steel Industries Limited has initiated the 'Saksham Niveshak' campaign to enable shareholders to claim unpaid or unclaimed dividends and update KYC details. The campaign, effective from April 1, 2026, to July 30, 2026, follows a circular from the Investor Education and Protection Fund Authority, Ministry of Corporate Affairs, dated March 27, 2026. The initiative aims to create awareness among shareholders to ensure timely receipt of dividends and prevent the transfer of funds and shares to the Investor Education and Protection Fund (IEPF).
Shareholders with unpaid or unclaimed dividends, or those who are non-KYC compliant, are requested to update their details such as PAN, email address, contact number, address, bank details, and nominations. The company has specified that dividends are payable only in electronic mode and will be credited directly to bank accounts upon successful KYC updation.
Required Documentation
To update KYC details, shareholders must submit specific forms and supporting documents. The required documents include:
- Form ISR-1 for updation of KYC details along with self-attested supporting documents.
- Form ISR-2 with banker attestation of signature and an original cancelled cheque or a self-attested copy of a bank passbook/statement.
- Form ISR-3 for nomination updates or to opt-out of nominations.
These forms are available on the company's website at www.beekaysteel.com and the Registrar and Transfer Agent's website at www.amd.in .
Submission Process
Shareholders holding shares in physical form must send the Investor Service Request Form (ISR) and documents to the Registrar and Transfer Agent, Maharashtra Sahakar Private Limited, in Kolkata. Those holding shares in demat mode should approach their respective Depository Participants to update KYC and bank details.
The company has also sent specific intimation to non-KYC compliant shareholders, urging them to comply with the requirements mandated under SEBI Master Circular No. SEBI/MC/IR/MSRD/POD-1P/CIIR/2024/27.
Historical Stock Returns for Beekay Steel Indus
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.34% | +1.15% | +6.12% | -4.77% | -4.77% | -4.77% |
What impact will the 'Saksham Niveshak' campaign have on Beekay Steel's shareholder retention and engagement metrics?
How might the mandatory electronic dividend payout influence the company's operational costs and cash flow management?
Could this initiative serve as a model for other companies facing similar challenges with unclaimed dividends and KYC compliance?

































