Grindwell Norton Announces Second Saksham Niveshak Campaign and Special Transfer Window for Physical Shares

2 min read     Updated on 02 Apr 2026, 04:12 PM
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Grindwell Norton Limited has launched the Second 100-Day "Saksham Niveshak" Campaign from April 1-July 9, 2026, following IEPFA directive to help shareholders claim unpaid dividends by updating KYC details and bank mandates. The company has also opened a special one-year window from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical securities traded before April 1, 2019, as per SEBI circular. Both initiatives require specific documentation based on share holding type, with support available through RTA MUFG Intime India Private Limited.

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Grindwell Norton Limited has initiated two important shareholder-focused campaigns following regulatory directives from the Investor Education and Protection Fund Authority (IEPFA) and Securities and Exchange Board of India (SEBI). The Grindwell Norton announcement, made through newspaper advertisements in Financial Express (English) and Loksatta (Marathi), outlines comprehensive procedures for shareholders to claim unpaid dividends and process physical share transfers.

Second 100-Day Saksham Niveshak Campaign

The IEPFA, under the Ministry of Corporate Affairs, has requested companies to undertake the Second 100-Day "Saksham Niveshak" Campaign through its intimation dated March 27, 2026. This initiative specifically targets shareholders who have unpaid or unclaimed dividends, encouraging them to update their documentation to facilitate direct payment and prevent transfer to IEPFA.

Campaign Details: Information
Campaign Period: April 1, 2026 - July 9, 2026
Objective: Update KYC details and bank mandates
Target: Shareholders with unpaid/unclaimed dividends
Authority: Investor Education and Protection Fund Authority

Documentation Requirements by Share Type

The campaign requires different documentation based on whether shares are held in physical or demat form:

For Physical Share Holdings:

  • Request letter
  • Original unclaimed warrant(s), if applicable
  • Original cancelled cheque
  • Duly filled KYC forms (ISR-1, ISR-2, SH-13/ISR-3)

For Demat Share Holdings:

  • Request letter
  • Self-attested Client Master List (CML), not older than 2 months
  • Original cancelled cheque

Special Window for Physical Share Transfers

Pursuant to SEBI Circular No. SEBI/HO/38/13/11/2026-MIRSD-POD/13750/2026 dated January 30, 2026, Grindwell Norton has opened a special window for processing physical securities transactions. This facility covers securities sold or purchased prior to April 1, 2019, including previously rejected or unprocessed transfer requests.

Special Window Details: Information
Window Period: February 5, 2026 - February 4, 2027
Coverage: Securities traded before April 1, 2019
Includes: Previously rejected/returned requests
Duration: One year

Transfer Documentation Requirements

Standard Transfer Documents:

  • Original physical share certificate(s)
  • Transfer deed executed prior to April 1, 2019
  • Proof of purchase/payment, if available
  • Form SH-4 with transferee details and appropriate stamp duty
  • Duly filled forms ISR-1, ISR-2, SH-13/ISR-3
  • KYC documents of Transferee & Transferor (if available)
  • Undertaking cum Indemnity

For Direct Credit of Securities:

  • Client Master List (CML) of transferee, not older than 2 months, attested by Depository Participant
  • Form ISR-4
  • Demat Conversion Request Form (NSDL)/Demat Request Form (CDSL), signed by Beneficiary owner

Shareholder Support Services

For assistance with both campaigns, shareholders can contact the company's Registrar and Transfer Agent, MUFG Intime India Private Limited, located at C-101, Embassy 247, LBS Marg, Vikhroli (West), Mumbai 400 083. The RTA provides support through telephone (+91 81081 16767), email ( investor.helpdesk@in.mpmf.mufg.com ), and their website (in.mpmf.mufg.com). Required forms are available in the Resources section under Downloads on their website.

Historical Stock Returns for Grindwell Norton

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-0.78%-16.51%-15.02%-18.63%+48.53%

How might the success rate of the Second 100-Day Saksham Niveshak Campaign impact SEBI's future regulatory approach to unclaimed dividends?

Will other listed companies face similar regulatory pressure to launch comparable shareholder outreach campaigns in 2026?

What potential financial impact could the resolution of unclaimed dividends have on Grindwell Norton's cash flow and balance sheet?

Grindwell Norton Limited Receives ESG Rating of 65.8 from SES ESG Research for FY 2024-25

1 min read     Updated on 13 Mar 2026, 02:52 PM
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Grindwell Norton Limited has received an ESG rating of 65.8 from SES ESG Research Private Limited for FY 2024-25. The rating was independently assigned without company engagement, based on publicly available information. The company disclosed this development to stock exchanges under SEBI Regulation 30 and published the information on its website for stakeholder transparency.

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Grindwell Norton Limited has received an Environmental, Social and Governance (ESG) rating of 65.8 from SES ESG Research Private Limited for FY 2024-25. The company disclosed this development to stock exchanges in compliance with regulatory requirements under SEBI Listing Regulations.

ESG Rating Details

The company received email intimation from BSE Limited informing that SES ESG Research Private Limited had submitted the ESG disclosure. The rating assessment covers environmental, social, and governance parameters for the financial year 2024-25.

Parameter: Details
ESG Rating: 65.8
Rating Agency: SES ESG Research Private Limited
Assessment Period: FY 2024-25
Rating Methodology: Independent assessment

Independent Assessment Process

Grindwell Norton clarified that it did not engage SES ESG Research Private Limited for obtaining this ESG rating. The rating was independently assigned by SES based on information about the company available in the public domain. This approach reflects the growing trend of independent ESG assessments by research firms using publicly available corporate data.

Regulatory Compliance and Disclosure

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made this information available on its official website at www.grindwellnorton.co.in , ensuring transparency and accessibility for stakeholders.

Company Information

Grindwell Norton Limited operates from its registered office at 5th Level, Leela Business Park, Andheri-Kurla Road, Marol, Andheri (East), Mumbai. The disclosure was signed by Company Secretary Girish T. Shajani on March 13, 2026, maintaining proper corporate governance protocols in the communication to stock exchanges.

Historical Stock Returns for Grindwell Norton

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-0.78%-16.51%-15.02%-18.63%+48.53%

More News on Grindwell Norton

1 Year Returns:-18.63%