HDFC AMC urges shareholders to update KYC for dividend claims

1 min read     Updated on 21 May 2026, 02:14 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

HDFC Asset Management Company Limited has announced the second phase of the 'Saksham Niveshak' 100 Days Campaign from April 1, 2026 to July 9, 2026. The campaign aims to help shareholders claim unpaid dividends by updating KYC details with their Depository Participants and submitting the updated Client Master List to KFin Technologies Limited. Shareholders are urged to update their records to facilitate direct credit of dividends.

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HDFC Asset Management Company Limited has launched the second phase of the 'Saksham Niveshak' 100 Days Campaign, effective from April 1, 2026 to July 9, 2026. This initiative, undertaken in continuation of the earlier campaign and in line with the directives from the Investor Education and Protection Fund Authority, Ministry of Corporate Affairs, aims to facilitate the direct payment of unclaimed or unpaid dividends to rightful shareholders. The company has communicated that the scope of this campaign has been expanded to further assist shareholders in recovering their dues.

The company is actively encouraging all shareholders who have unpaid or unclaimed dividends to update their Know Your Client (KYC) details. This includes updating address, phone number, email, bank account, and nomination information. Shareholders holding shares in dematerialized form must contact their respective Depository Participants to update these details. Once updated, shareholders are required to submit a self-attested copy of the updated Client Master List to KFin Technologies Limited, the Registrar and Transfer Agent for the company.

Submission Process

To ensure the dividend amount is credited directly to the updated bank account, shareholders must follow a specific submission process. The updated Client Master List must be sent to KFin Technologies Limited at their designated address. The company has urged shareholders to utilize this opportunity to update their records and secure their rightful benefits, soliciting cooperation in this important shareholder awareness initiative.

Contact Information

Shareholders requiring assistance or clarification regarding the process can contact the Registrar and Transfer Agent. The details for KFin Technologies Limited are provided below for reference.

Entity Address Contact Details
KFin Technologies Limited Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad, Telangana - 500032 Toll Free: 1800-309-4001
Email: einward.ris@kfintech.com
Website: kfintech.com or ris.kfintech.com

Historical Stock Returns for HDFC AMC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%+1.75%-1.98%+1.56%+13.75%+94.68%

What is the total value of unclaimed dividends that HDFC AMC aims to recover through this expanded campaign, and how does it compare to industry-wide unclaimed dividend figures?

How might SEBI's potential future regulations on mandatory KYC updates impact the volume of unclaimed dividends across the Indian mutual fund and equity markets?

Could the success of the 'Saksham Niveshak' campaign influence other asset management companies to launch similar investor outreach initiatives, potentially reshaping industry standards for shareholder communication?

HDFC AMC Records ₹82.59 Crore Block Trade on NSE at ₹2856.00 Per Share

0 min read     Updated on 08 May 2026, 01:43 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

HDFC Asset Management Company Ltd. recorded a block trade on the NSE involving approximately 289,189 shares at ₹2856.00 per share. The total transaction value amounted to ₹82.59 crores. Block trades of this magnitude are generally associated with institutional or large-scale investor activity executed to limit market impact.

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hdfc amc recorded a notable block trade on the National Stock Exchange (NSE), with approximately 289,189 shares changing hands at a price of ₹2856.00 per share. The total value of the transaction amounted to ₹82.59 crores, highlighting significant large-lot activity in the stock.

Block Trade Details

The following table summarizes the key parameters of the block trade:

Parameter: Details
Exchange: NSE
Number of Shares: ~289,189
Trade Price: ₹2856.00 per share
Total Trade Value: ₹82.59 crores

Block trades of this scale are typically executed by institutional investors or large market participants, and are carried out outside the regular order book to minimize market impact. The transaction in HDFC Asset Management Company Ltd. reflects considerable interest from large-lot participants in the stock at the prevailing price level.

Historical Stock Returns for HDFC AMC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%+1.75%-1.98%+1.56%+13.75%+94.68%

Which institutional investor executed this block trade, and does it signal a strategic accumulation or exit position in HDFC AMC?

How might this large block trade influence retail investor sentiment and HDFC AMC's short-term price trajectory on the NSE?

Could this block trade be linked to any upcoming regulatory changes or consolidation trends in India's asset management industry?

More News on HDFC AMC

1 Year Returns:+13.75%