ICICI Prudential Life Insurance Initiates Second 'Saksham Niveshak' Campaign for Shareholders
ICICI Prudential Life Insurance has launched the 'Saksham Niveshak' campaign from April 1 to July 9, 2026, allowing shareholders to update KYC and bank details to claim unpaid dividends from FY2020 to FY2026. Unclaimed dividends and shares remaining unclaimed for seven consecutive years will be transferred to the IEPF Authority under Section 124 of the Companies Act, 2013.

*this image is generated using AI for illustrative purposes only.
icici prudential life insurance has initiated the second edition of its 100-day campaign titled 'Saksham Niveshak', scheduled from April 1, 2026, to July 9, 2026. The campaign aims to enable shareholders with unpaid or unclaimed dividends to update their KYC and bank details to claim their dues before the amounts are transferred to the Investor Education and Protection Fund (IEPF) Authority. The intimation was sent to stock exchanges BSE and NSE on April 22, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Campaign Details and Regulatory Framework
The initiative follows a directive from the IEPF Authority under the Ministry of Corporate Affairs. According to the provisions of Section 124 of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, unclaimed dividends and shares for which dividends have not been claimed for seven consecutive years or more are transferred to the IEPF Authority. The company has identified shareholders whose dividends declared from FY2020 to FY2026 remain unpaid or unclaimed.
Key Information for Shareholders
| Aspect | Details |
|---|---|
| Campaign Name | Saksham Niveshak |
| Campaign Period | April 1, 2026 to July 9, 2026 |
| Dividend Period Covered | FY2020 to FY2026 |
| Regulatory Reference | Section 124, Companies Act, 2013 |
| Transfer Threshold | Seven consecutive years or more |
Shareholders are requested to register or update their KYC and bank account details with the Registrar to the Issue and Share Transfer Agent (RTA) or their Depository Participant to receive dividends electronically. The dividend payment will be processed only if the request is found appropriate in all respects. In case of discrepancies or inadequate documentation, requests may be rejected, and the company will proceed to transfer unclaimed dividends and corresponding shares to the IEPF.
Claim Process and Contact Information
To claim outstanding dividends, shareholders can either submit unpaid dividend warrants or return the letter-cum-indemnity duly signed to request re-issue of unclaimed dividends. Details of unclaimed dividends are available on the company's website at www.iciciprulife.com . Shareholders should note that in the absence of registered bank details with the RTA or Depository Participant, payment of outstanding dividend amounts cannot be effected.
For any queries, shareholders may contact the company's RTA, KFin Technologies Limited, at Unit: ICICI Prudential Life Insurance Company Limited, Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500 032, or via email at einward.ris@kfintech.com , with a copy to the company at investor@iciciprulife.com . After transfer to IEPF, shareholders must file a separate application in Form IEPF-5 through the Ministry of Corporate Affairs website at www.mca.gov.in to claim their dues.
Historical Stock Returns for ICICI Prudential Life Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.94% | -7.84% | -3.21% | -15.31% | -15.29% | +0.35% |
How might this campaign impact ICICI Prudential's investor relations and shareholder confidence in the long term?
What percentage of ICICI Prudential's total dividend payouts typically remain unclaimed, and how does this compare to industry averages?
Could the success of this 'Saksham Niveshak' campaign influence other insurance companies to launch similar proactive investor outreach programs?


































