Lakshmi Electrical Control Systems Launches Second 100-Day 'Saksham Niveshak' Campaign for KYC Updates
Lakshmi Electrical Control Systems Limited has launched its second 100-day 'Saksham Niveshak' campaign from April 1 to July 9, 2026, as part of Ministry of Corporate Affairs initiatives. The campaign targets shareholders who have unclaimed dividends from financial years 2018-19 to 2024-25 and need KYC updates. Shareholders can contact MUFG Intime India Private Limited, the company's RTA, for assistance with documentation and dividend claims to prevent transfer to IEPF.

*this image is generated using AI for illustrative purposes only.
Lakshmi Electrical Control Systems Limited has published a newspaper notice announcing the launch of its second 100-day campaign 'Saksham Niveshak' aimed at facilitating KYC updates and preventing the transfer of unclaimed dividends to the Investor Education and Protection Fund Authority (IEPF). The campaign represents a significant outreach initiative to engage with shareholders and ensure compliance with regulatory requirements.
Campaign Details and Timeline
The 'Saksham Niveshak' campaign, launched as part of the Ministry of Corporate Affairs (MCA) initiatives, will run from April 1, 2026 to July 9, 2026. This comprehensive 100-day program is specifically designed to reach out to shareholders who need to update their records or claim pending dividends.
| Parameter: | Details |
|---|---|
| Campaign Name: | Saksham Niveshak |
| Duration: | April 1, 2026 to July 9, 2026 |
| Total Days: | 100 days |
| Initiative By: | Ministry of Corporate Affairs |
| Publication Date: | April 7, 2026 |
Target Shareholders and Eligible Claims
The campaign targets shareholders who have not claimed their dividends for financial years spanning from 2018-19 to 2024-25. Additionally, shareholders who have not updated their KYC details or face issues related to unclaimed dividends and shares are encouraged to participate in this initiative.
Registrar and Transfer Agent Contact Information
Shareholders seeking assistance during the campaign period can contact the company's Registrar and Transfer Agent, MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The RTA office is located at "Surya" 35, Mayflower Avenue, Behind Senthil Nagar, Sowripalayam Road, Coimbatore 641028.
| Contact Details: | Information |
|---|---|
| Phone Numbers: | +91 422 2314792, 2539835/836, 4958995 |
| Email: | coimbatore@in.mpms.mufg.com |
| Address: | "Surya" 35, Mayflower Avenue, Behind Senthil Nagar, Sowripalayam Road, Coimbatore 641028 |
KYC Updates and Documentation Requirements
The campaign emphasizes the importance of updating various shareholder records to ensure seamless dividend distribution and compliance. Key areas for updates include:
- KYC documentation and verification
- Bank mandate details for dividend payments
- Nominee information and contact details
- Current address and communication preferences
Shareholders holding shares in demat form are specifically advised to approach their respective Depository Participants where they maintain their demat accounts for KYC requirement updates.
IEPF Prevention Measures
The primary objective of this campaign is to prevent the transfer of unpaid and unclaimed dividends along with corresponding shares to the Investor Education and Protection Fund Authority (IEPF). By facilitating easy access to claim procedures and documentation updates, the company aims to ensure shareholders retain their rightful dividends and shareholdings.
The notice was signed by S. Sathyanarayanan, Company Secretary and Compliance Officer, and published in Financial Express (English) and Dinamalar (Tamil) newspapers on April 7, 2026, ensuring wide reach across different linguistic communities.
Historical Stock Returns for Lakshmi Electrical Control Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.46% | +3.32% | +3.17% | -13.61% | -10.62% | +150.48% |
What impact will the success rate of this campaign have on Lakshmi Electrical's future dividend distribution strategies?
How might other listed companies adopt similar proactive approaches to prevent IEPF transfers following this initiative?
Will the Ministry of Corporate Affairs expand the 'Saksham Niveshak' campaign to become a mandatory annual requirement for all listed companies?































