GP Petroleums Limited Initiates Second Phase of Saksham Niveshak Campaign for Unclaimed Dividends
GP Petroleums Limited has launched the second phase of the 'Saksham Niveshak' campaign, targeting 602 shareholders with unpaid dividends for financial years 2018-19 and 2019-20. The initiative, mandated by the Investor Education and Protection Fund Authority under the Ministry of Corporate Affairs, aims to facilitate KYC updation and prevent transfer of unclaimed dividends to IEPF after seven years. Shareholders must update PAN, nomination, bank details, and contact information through specified forms ISR-1, ISR-2, ISR-3, SH-13, and SH-14.

*this image is generated using AI for illustrative purposes only.
GP Petroleums Limited has initiated the second phase of the 100 Days Campaign titled 'Saksham Niveshak' to reach out to shareholders whose dividends remain unpaid or unclaimed. The campaign has been launched pursuant to the requirements of the Investor Education and Protection Fund Authority, Ministry of Corporate Affairs (MCA), and aims to create awareness among shareholders about claiming their dues before they are transferred to the Investor Education and Protection Fund (IEPF). The company disseminated communications via email and post to 602 shareholders on April 30, 2026.
The initiative is aligned with SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024, and supports the IEPF Authority's broader drive for investor education and facilitation through the Niveshak Shivir. The campaign specifically targets shareholders with unpaid dividends for the financial years 2018-19 and 2019-20.
Unclaimed Dividend Details
The company has identified unpaid dividends for the following periods:
| Dividend Period | Amount (Rs.) |
|---|---|
| Final Dividend for the Year 2018-2019 | XXXX |
| Final Dividend for the Year 2019-2020 | XXXX |
KYC Updation Requirements
Shareholders holding shares in dematerialised mode are requested to update or register KYC details and nomination with their respective Depository Participant (DP). For holders of physical securities, the following details must be furnished or updated:
- PAN
- Choice of Nomination (Optional)
- Contact details (Postal Address with PIN and Mobile Number)
- Bank Account details
- Specimen signature ('KYC details')
- Email ID
The requisite forms for physical security holders include:
| Form | Description |
|---|---|
| ISR-1 | Request for registering PAN, KYC details or changes/updation thereof |
| ISR-2 | Confirmation of signature of the securities holder by the Banker |
| ISR-3 | Declaration form for opting out of nomination by holders of physical securities |
| SH-13 | Nomination Form |
| SH-14 | Cancellation or variation of nomination |
These forms are available on the company's website at https://gppetroleums.co.in/unclaimed-and-unpaid-dividends/kyc-forms/ and on the RTA website at https://web.in.mpms.mufg.com/KYC-downloads.html .
IEPF Transfer Warning
Shareholders have been informed that if dividends remain unclaimed for 7 consecutive years, the equity shares held by them will be transferred to IEPF in accordance with the provisions of the Companies Act, 2013. In such cases, shareholders can claim the equity shares from IEPF Authorities by filing e-form No. IEPF-5.
The company's Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited (Formerly Link Intime India Private Limited), can be contacted at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai-400083, Phone No.: 8108116767. Shareholders are also encouraged to register and track their requests through the SWAYAM portal at https://swayam.in.mpms.mufg.com .
Historical Stock Returns for GP Petroleums
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.76% | -0.99% | +28.25% | -17.64% | -18.13% | -21.55% |
What impact could the successful recovery of unclaimed dividends have on GP Petroleums' cash flow and balance sheet in the coming quarters?
How might other petroleum sector companies adapt similar investor outreach campaigns following GP Petroleums' initiative?
What regulatory changes could emerge if companies consistently struggle with high levels of unclaimed dividends across the industry?


































