GP Petroleums Limited Initiates Second Phase of Saksham Niveshak Campaign for Unclaimed Dividends

2 min read     Updated on 01 May 2026, 12:40 PM
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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.

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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 Day5 Days1 Month6 Months1 Year5 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?

GP Petroleums Limited Submits Quarterly Compliance Certificate for Q4FY26

1 min read     Updated on 08 Apr 2026, 08:34 PM
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GP Petroleums Limited submitted its quarterly compliance certificate under SEBI Depositories Regulations for Q4FY26 on April 08, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms no shareholder dematerialisation requests during the quarter ended March 31, 2026, with the document filed purely for regulatory compliance purposes.

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GP Petroleums Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026. The submission was made on April 08, 2026, to both BSE Limited and National Stock Exchange of India Ltd.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to submit quarterly confirmations regarding dematerialisation activities handled by their registrar and transfer agents.

Parameter: Details
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Quarter Covered: Q4FY26 (ended March 31, 2026)
Submission Date: April 08, 2026
Issuing Authority: MUFG Intime India Private Limited

Certificate Details

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the Registrar and Share Transfer Agent for GP Petroleums Limited. The company confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed according to regulatory requirements.

The certificate specifically states that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are already listed. Additionally, it confirms that security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant.

Quarter Activity Summary

For the quarter ended March 31, 2026, MUFG Intime India reported no requests from shareholders for dematerialisation services. The certificate was issued purely for compliance purposes at the company's request to meet regulatory obligations.

Activity Type: Q4FY26 Status
Shareholder Dematerialisation Requests: None
Certificate Purpose: Compliance requirement
Processing Status: All regulatory timelines met

Authorisation and Filing

The submission was authorised by Kanika Sehgal Sadana, Company Secretary & Compliance Officer of GP Petroleums Limited. The certificate from MUFG Intime India was signed by Pradeep Mokale, Assistant Vice President – Corporate Registry, confirming the accuracy of the quarterly compliance report.

Historical Stock Returns for GP Petroleums

1 Day5 Days1 Month6 Months1 Year5 Years
-1.76%-0.99%+28.25%-17.64%-18.13%-21.55%

What factors might drive increased dematerialisation activity for GP Petroleums in the upcoming quarters?

How will the transition from Link Intime to MUFG Intime India impact GP Petroleums' shareholder services going forward?

Could the absence of dematerialisation requests indicate potential changes in GP Petroleums' shareholder composition or trading patterns?

More News on GP Petroleums

1 Year Returns:-18.13%