Elgi Equipments Launches Second 100-Day 'Saksham Niveshak' Campaign for KYC Updation and IEPF Compliance
Elgi Equipments Limited has launched the Second 100-Day Campaign 'Saksham Niveshak' from April 01, 2026 to July 09, 2026, following regulatory communication from IEPFA and MCA dated March 27, 2026. The campaign focuses on enabling shareholders to claim unpaid/unclaimed dividends and update KYC details to prevent transfer to IEPF. Shareholders are encouraged to convert physical shares to dematerialized form and complete necessary documentation through the company's RTA, MUFG Intime India Private Limited.

*this image is generated using AI for illustrative purposes only.
Elgi equipments Limited has announced the launch of its Second 100-Day Campaign 'Saksham Niveshak' aimed at facilitating KYC updation and preventing the transfer of unpaid dividends to the Investor Education and Protection Fund (IEPF). The campaign follows a communication from regulatory authorities and represents the company's continued commitment to shareholder compliance and protection.
Campaign Details and Timeline
The Second 100-Day Campaign 'Saksham Niveshak' will run from April 01, 2026 to July 09, 2026. This initiative was launched following a communication dated March 27, 2026 from the Investor Education and Protection Authority (IEPFA) and Ministry of Corporate Affairs (MCA), requesting companies to focus on shareholders whose dividends remain unclaimed.
| Campaign Parameter: | Details |
|---|---|
| Campaign Name: | Second 100-Day Campaign 'Saksham Niveshak' |
| Duration: | April 01, 2026 to July 09, 2026 |
| Regulatory Request Date: | March 27, 2026 |
| Focus Area: | KYC updation and IEPF compliance |
Key Objectives and Shareholder Benefits
The campaign is designed to facilitate shareholders in two primary areas. First, it enables shareholders to claim their unpaid/unclaimed dividends for any financial year, thereby preventing the transfer of dividend amounts and shares to IEPFA. Second, it assists shareholders in updating their KYC details comprehensively.
The KYC updation process includes several critical components:
- PAN details linked with Aadhaar number
- Contact details including postal address with PIN code and mobile number
- Bank account details for electronic dividend payments
- Specimen signature updates
- Nomination details for corresponding folio/Demat accounts
Electronic Payment Requirements
Dividends on shares are payable only through electronic mode for shareholders with unpaid or unclaimed dividends. The dividend amount will be credited to the shareholder's bank account only after all required information and documents are properly updated in the company's records.
Physical Share Conversion and Documentation
Shareholders holding shares in physical mode are specifically requested to complete KYC updates and convert their shares into dematerialized form. The company has made KYC forms readily available on its website at https://www.elgi.com/in/investors/contact-info-faq/ and on the Registrar and Transfer Agent's (RTA) website at https://web.in.mpms.mufg.com/KYC-downloads.html .
For physical document submission, shareholders must send self-attested and dated copies to the company's RTA:
| Contact Details: | Information |
|---|---|
| RTA Name: | MUFG Intime India Private Limited |
| Address: | 'Surya' 35, Mayflower Avenue, Behind Senthil Nagar, Sowripalayam Road, Coimbatore 641028 |
| Phone: | +91 422 2314792, 2539835/836, 4958995 |
| Online Service: | https://web.in.mpms.mufg.com/helpdesk/Service_Request.html |
Regulatory Compliance and Shareholder Action
The campaign emphasizes the importance of prompt action within the specified timeframe to safeguard shareholder entitlements and ensure compliance with statutory requirements. Shareholders can submit queries or service requests regarding unclaimed dividends, shares, and other matters electronically through the RTA's website platform.
The notice was signed by Rohit Gupte, Company Secretary and Compliance Officer (Membership No. A12422), and published in The Business Line (English) - All India Edition and The Hindu Tamil - Tamil Nadu Edition on April 01, 2026, in compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Elgi Equipments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.13% | -1.57% | -10.29% | -0.47% | +0.30% | +143.26% |
How might the success rate of this second campaign compare to the first, and what improvements has Elgi implemented based on previous learnings?
What potential impact could widespread adoption of similar KYC campaigns across Indian companies have on overall IEPF transfer volumes?
Will Elgi consider extending the campaign duration if shareholder response rates remain low toward the July 2026 deadline?


































