Ddev Plastiks Industries Launches Second 'Saksham Niveshak' Campaign for Unclaimed Dividend Recovery

2 min read     Updated on 31 Mar 2026, 08:24 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Ddev Plastiks Industries Limited has initiated its second 100-day 'Saksham Niveshak' campaign from April 1, 2026 to July 9, 2026, following IEPFA directives to help shareholders claim unclaimed dividends and update KYC details. The company has published newspaper advertisements and made campaign information available on its website, with shareholders able to contact CB Management Services Pvt. Ltd. for assistance with documentation updates.

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Ddev Plastiks Industries Limited has launched its second 100-day 'Saksham Niveshak' campaign from April 1, 2026 to July 9, 2026, following directives from the Investor Education and Protection Fund Authority (IEPFA). This initiative continues the company's efforts to reach shareholders with unclaimed dividends and facilitate necessary documentation updates.

Campaign Overview and Objectives

The campaign builds upon the previous initiative that ran from July 28, 2025 to November 6, 2025. The primary purpose is to create awareness among shareholders to update their details and claim any unpaid or unclaimed dividends before they are transferred to the Investor Education and Protection Fund (IEPF).

Campaign Details: Information
Duration: April 1, 2026 to July 9, 2026
Total Period: 100 days
Authority: IEPFA, Ministry of Corporate Affairs
Previous Campaign: July 28, 2025 to November 6, 2025

Shareholder Requirements and Actions

The campaign specifically targets shareholders who need to update their KYC details, bank mandates, nominee information, specimen signatures, and contact details. Shareholders holding shares in dematerialized mode should approach their respective Depository Participants, while others can contact the company's Registrar and Share Transfer Agent.

Contact Information for Updates

Office Location: Address Details
Registered Office: C-101, 1st Floor, 247 Park, LBS Marg, Vikhroli (West), Mumbai-400083
Kolkata Branch: Rasoi Court, 5th Floor, 20 Sir R N Mukherjee Road, Kolkata-700001
Email: rta@cbmsl.com
Phone: 033-6906-6200 (100 lines)

Legal Framework and Transfer Process

Under Section 124 of the Companies Act, 2013, and the IEPF Rules, 2016, unclaimed dividends and equity shares where dividends have not been claimed for seven consecutive years must be transferred to IEPFA. The company has made details of such unclaimed dividends available on its website.

Shareholders wishing to claim dividends and shares already transferred to IEPF must file a separate application using E-Form IEPF-5 electronically through the MCA website at www.iepf.gov.in , along with the required physical documentation.

Company Communication Efforts

Ddev Plastiks has undertaken several communication initiatives to reach shareholders. The company published newspaper advertisements in Business Standard (English) and Sukhabar (Bengali) newspapers on March 31, 2026. Additionally, on February 18, 2026, the company sent emails to shareholders regarding TDS deduction on interim dividends, requesting KYC updates. Follow-up letters were sent on March 6, 2026 to shareholders with incomplete KYC details.

Communication Timeline: Action Taken
February 18, 2026: Email notifications about TDS and KYC updates
March 6, 2026: Letters to shareholders with incomplete KYC
March 31, 2026: Newspaper advertisements published

The campaign details and requisite forms are available on the company's website at www.ddevgroup.in/investor-services and the RTA's website at www.cbmsl.com/investor-parlour . For queries or assistance, shareholders can contact CB Management Services Pvt. Ltd. at the provided contact details.

What percentage of Ddev Plastiks' shareholders successfully updated their KYC details during the first campaign, and how might this impact the second campaign's effectiveness?

Could the repeated need for 100-day campaigns indicate broader systemic issues with shareholder communication in the Indian plastics industry?

How might the upcoming transfer of unclaimed dividends to IEPF affect Ddev Plastiks' cash flow and dividend distribution strategy for future quarters?

Bbigplas Poly Private Limited Reports Share Acquisition in Ddev Plastiks Industries to SEBI

2 min read     Updated on 28 Feb 2026, 10:43 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Bbigplas Poly Private Limited has reported to SEBI its acquisition of equity shares in Ddev Plastiks Industries Limited from promoter group members at Rs. 380.00 per share. The February 2026 transaction increased Bbigplas Poly's shareholding from 74.17% to 74.99% and was executed as an inter-se transfer under SEBI Takeover Regulations exemption. The company has fulfilled all regulatory compliance requirements including timely filings and fee payments.

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Bbigplas Poly Private Limited has filed a comprehensive report with the Securities and Exchange Board of India (SEBI) regarding its recent acquisition of equity shares in Ddev Plastiks Industries Limited. The transaction, completed in February 2026, represents an inter-se transfer among promoter group members under the SEBI Takeover Regulations.

Transaction Details

The acquisition was executed across two dates, with shares purchased from three promoter group members at a uniform price of Rs. 380.00 per share. The transaction was structured as an inter-se transfer among promoters, qualifying for exemption under Regulation 10(1)(a)(ii) of the SEBI Takeover Regulations.

Parameter Details
Acquisition Date February 4, 2026 (Narrindra Suranna & Tara Devi Surana)
February 5, 2026 (Ddev Surana)
Price per Share Rs. 380.00
Target Company Ddev Plastiks Industries Limited
Listing Exchanges BSE Limited (Scrip: 543547), NSE (Code: DDEVPLSTIK)

Shareholding Changes

The acquisition resulted in a marginal increase in Bbigplas Poly's stake in Ddev Plastiks Industries Limited. The company's shareholding pattern shows the impact of the inter-se transfer among promoter group entities.

Entity Before Acquisition After Acquisition
Shares Percentage Shares Percentage
Bbigplas Poly Private Limited 76,750,853 74.17% 77,600,455 74.99%
Sellers Combined
Narrindra Suranna 15,862 0.02% 550 ~0.00%
Tara Devi Surana 83,055 0.08% 500 ~0.00%
Ddev Surana 752,235 0.73% 500 ~0.00%

Regulatory Compliance

Bbigplas Poly has demonstrated comprehensive compliance with SEBI regulations throughout the acquisition process. The company filed the required intimations under Regulation 10(6) on February 6, 2026, and submitted the mandatory fees of Rs. 177,000 (inclusive of 18% GST) through SEBI's online filing system.

The acquisition price of Rs. 380.00 per share was validated against the volume-weighted average market price (VWAP) of Rs. 316.58 for the sixty trading days preceding the notice issuance. The acquisition price remained within the permissible 25% premium threshold as specified under the regulations.

Corporate Structure

The transaction involved entities within the same promoter group of Ddev Plastiks Industries Limited. All parties - the acquirer Bbigplas Poly Private Limited and the sellers Narrindra Suranna, Ddev Surana, and Tara Devi Surana - are classified as promoters and persons acting in concert. The sellers are immediate relatives as defined under the SEBI regulations, facilitating the inter-se transfer exemption.

Both companies maintain their registered offices at 2B, Pretoria Street, Kolkata - 700071, reflecting the close corporate relationship between the entities. The transaction was digitally signed by directors Narrindra Suranna (DIN: 00060127) and Ddev Surana (DIN: 08357094) on February 27, 2026.

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