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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































