Choksi Asia Limited Participates in IEPFA's 100-Day 'Saksham Niveshak' Campaign to Help Shareholders Claim Unpaid Dividends

1 min read     Updated on 14 May 2026, 04:44 PM
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Choksi Asia Limited has launched the IEPFA-mandated 'Saksham Niveshak' campaign from April 1, 2026 to July 9, 2026, to help shareholders update KYC details and claim unpaid or unclaimed dividends. Shareholders in physical form must submit Forms ISR-1, ISR-2, ISR-3, SH-13, and SH-14 to the Company's RTA, while dematerialized shareholders must update KYC with their Depository Participant. All requisite documents must be submitted by June 15, 2026 to ensure dividends are credited to registered bank accounts and to prevent transfer of funds to the IEPFA.

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Choksi Asia Limited (formerly known as Choksi Imaging Limited) has initiated participation in the 'Saksham Niveshak' campaign, a 100-day outreach programme running from April 1, 2026 to July 9, 2026. The campaign was launched following a directive from the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs, vide its letter dated March 27, 2026, requesting companies to reach out to shareholders whose dividends remain unpaid or unclaimed.

About the 'Saksham Niveshak' Campaign

The Saksham Niveshak initiative is designed to facilitate shareholders in updating their KYC details and claiming their unpaid or unclaimed dividends. The primary objective is to safeguard shareholder entitlements and prevent the transfer of such dividends and underlying shares to the IEPFA in accordance with applicable statutory provisions. Shareholders are urged to act before the document submission deadline of June 15, 2026.

Action Required by Shareholders

The company has outlined specific steps for shareholders depending on the mode in which they hold their shares:

Shareholder Type: Action Required
Physical Form Holders: Update KYC details, PAN, and Nomination choice by submitting Forms ISR-1, ISR-2, ISR-3, SH-13, SH-14 to the RTA
Dematerialized Form Holders: Update KYC details with their respective Depository Participant (DP) and send a dividend claim request to the Company's RTA
Document Submission Deadline: June 15, 2026

Upon successful submission of the required documents, the unpaid dividend amount will be credited directly to the shareholder's registered bank account.

Where to Submit Documents

Shareholders holding shares in physical form are required to submit the relevant forms to the Company's Registrar and Transfer Agent (RTA) at the following address:

Adroit Corporate Services Private Limited Unit: Choksi Asia Limited, 18-20, Jafferbhoy Ind. Estate, First Floor, Makwana Road, Marol Naka, Andheri (E), Mumbai 400059, India.

The required forms can be downloaded from the following sources:

Company Details

The communication was issued on behalf of Choksi Asia Limited by Rishi Dave, Company Secretary. The company's registered office is located at 163/164, Choksi Bhuvan, Nehru Road, Vile Parle (E), Mumbai – 400 057, and it operates branch offices in Mumbai, Delhi, Chennai, and Silvassa (Factory).

Historical Stock Returns for Choksi Asia

1 Day5 Days1 Month6 Months1 Year5 Years
-1.41%+0.85%-18.89%+24.03%+33.89%+416.07%

What is the total value of unclaimed dividends and shares at risk of being transferred to IEPFA if Choksi Asia shareholders fail to meet the June 15, 2026 deadline?

How might Choksi Asia's participation in the Saksham Niveshak campaign impact its shareholder base size and investor relations strategy going forward?

Could the IEPFA's 100-day outreach directive signal a broader regulatory push to digitize and streamline KYC compliance across all listed Indian companies?

Choksi Asia Limited Confirms Non-Large Corporate Entity Status Under SEBI Guidelines

1 min read     Updated on 09 Apr 2026, 05:07 PM
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Choksi Asia Limited has confirmed to BSE that it does not qualify as a Large Corporate Entity under SEBI guidelines as on March 31, 2026. The company disclosed outstanding borrowings of Rs.2,24,02,653.60 and confirmed that credit rating requirements are not applicable to its status. This regulatory compliance disclosure was made under SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 regarding fund raising through debt securities by large corporates.

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Choksi Asia Limited (formerly known as Choksi Imaging Limited) has formally notified BSE Limited that it does not qualify as a Large Corporate Entity under SEBI regulations as on March 31, 2026. The confirmation was made in compliance with SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and subsequent updates.

Regulatory Compliance Disclosure

The company submitted its confirmation to the Department of Corporate Services at BSE Limited on April 9, 2026. This disclosure is mandated under SEBI guidelines that govern fund raising through issuance of debt securities by Large Corporate entities and their associated compliance requirements.

Financial Position Details

As part of the regulatory disclosure, Choksi Asia Limited provided key financial information regarding its borrowing status:

Parameter Details
Outstanding Borrowings (March 31, 2026) Rs.2,24,02,653.60
Credit Rating Status Not Applicable
Stock Exchange Fine Applicability Not Applicable
Company Status Non-Large Corporate Entity

Corporate Information

The disclosure was signed by key company officials including Rishi Dave, Company Secretary & Compliance Officer (Membership No. A36389), and Jay Choksi, Chief Financial Officer and Director (DIN: 07151509). The company operates from its registered office at 163/164, Choksi Bhuvan, Nehru Road, Vile Parle (E), Mumbai, with branch offices in Mumbai, Delhi, Chennai, and a factory in Silvassa.

SEBI Framework Compliance

Under Chapter XII of the SEBI Operational circular dated August 10, 2021, companies are required to disclose their status regarding Large Corporate Entity criteria. Choksi Asia Limited's confirmation indicates it falls below the threshold requirements that would classify it as a Large Corporate Entity, thereby exempting it from specific regulatory obligations related to debt securities issuance and associated disclosure norms.

Historical Stock Returns for Choksi Asia

1 Day5 Days1 Month6 Months1 Year5 Years
-1.41%+0.85%-18.89%+24.03%+33.89%+416.07%

What strategic initiatives might Choksi Asia Limited pursue to grow beyond the Large Corporate Entity threshold in future years?

How could the company's exemption from Large Corporate Entity regulations impact its access to debt capital markets and borrowing costs?

Will Choksi Asia Limited's relatively low borrowing level of Rs. 2.24 crores limit its expansion plans across its multi-city operations?

More News on Choksi Asia

1 Year Returns:+33.89%