Manali Petrochemicals Re-launches Saksham Niveshak Campaign for Unclaimed Dividends and KYC Compliance

2 min read     Updated on 11 Apr 2026, 03:14 AM
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AI Summary

Manali Petrochemicals Limited has re-launched its second 100-day 'Saksham Niveshak' campaign from April 01 to July 09, 2026, in alignment with IEPFA initiatives. The campaign targets shareholders with unclaimed dividends and incomplete KYC records, offering direct dividend settlement, KYC compliance assistance, IEPF transfer prevention, and claim support services. Shareholders can contact Cameo Corporate Services Limited or use the online portal for assistance during this period.

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Manali petrochemicals Limited has announced the re-launch of its second 100-day 'Saksham Niveshak' campaign, demonstrating the company's commitment to shareholder service and regulatory compliance. The initiative, published in Financial Express and Makkal Kural newspapers on April 10, 2026, represents a significant effort to assist shareholders with unclaimed dividends and KYC compliance requirements.

Campaign Timeline and Framework

The Saksham Niveshak campaign will run from April 01, 2026 to July 09, 2026, providing shareholders with a dedicated 100-day window to address their dividend and compliance matters. This initiative aligns with the Investor Education and Protection Fund Authority (IEPFA) guidelines and focuses specifically on shareholders whose dividends remain unclaimed.

Campaign Details: Information
Duration: April 01, 2026 to July 09, 2026
Campaign Type: Second 100-day Saksham Niveshak
Regulatory Alignment: IEPFA Initiative
Publication Date: April 10, 2026
Newspapers: Financial Express (English), Makkal Kural (Tamil)

Key Campaign Objectives

The campaign encompasses four primary objectives designed to protect shareholder interests and ensure regulatory compliance:

  • Direct Settlement of Dividends: Facilitate direct payment of unclaimed or unpaid dividends by the company to rightful shareholders
  • KYC Compliance: Assist in updating essential KYC details including Bank Account Mandate, PAN, Nomination, Email ID, Mobile Number and Address, in accordance with SEBI requirements
  • Prevention of IEPF Transfers: Enable shareholders to make timely claims to avoid transfer of shares and dividends to the IEPF
  • Claim Assistance: Support shareholders whose shares and dividends have already been transferred to the IEPF in filing their claims with the Authority

Shareholder Support Services

Shareholders with unclaimed dividends or incomplete KYC records can access support through the company's designated Registrar Transfer Agent during the campaign period.

Contact Information: Details
Registrar & Transfer Agent: Cameo Corporate Services Limited
Address: Subramanian Building, No.1, Club House Road, Anna Salai, Chennai, Tamil Nadu - 600 002
Phone: 044 - 4002 0700
Online Portal: https://wisdom.cameoindia.com/

Regulatory Compliance Framework

The campaign operates under the provisions of the Companies Act, 2013 and related rules. According to applicable regulations, dividends remaining unclaimed for seven consecutive years along with corresponding shares are liable to be transferred to the IEPF. This campaign provides shareholders with an opportunity to prevent such transfers through timely action.

The company has committed to assisting shareholders in completing necessary formalities during this period. Shareholders are encouraged to register and track their requests through the RTA portal for efficient processing of their claims and KYC updates.

Historical Stock Returns for Manali Petrochemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-2.04%+25.43%+19.09%-25.75%-0.78%-24.55%

What is the total value of unclaimed dividends that Manali Petrochemicals aims to recover through this campaign?

How might the success rate of this second campaign compare to the first Saksham Niveshak initiative in terms of shareholder response?

Could this proactive approach to shareholder services influence other petrochemical companies to launch similar compliance campaigns?

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Manali Petrochemicals Announces Special Window for Physical Share Transfer and Dematerialisation

2 min read     Updated on 11 Apr 2026, 03:09 AM
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AI Summary

Manali Petrochemicals Limited has announced SEBI's special window for transfer and dematerialisation of physical shares, running from February 05, 2026 to February 04, 2027. The one-year window allows shareholders to process transfer requests for physical certificates with transfer deeds executed before April 01, 2019, including previously rejected cases. Transferred shares will be credited in demat mode with a one-year lock-in period, during which they cannot be transferred, pledged, or lien-marked.

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Manali Petrochemicals Limited has published a newspaper advertisement informing shareholders about a special regulatory window for transfer and dematerialisation of physical shares. The announcement, dated April 09, 2026, was published in Financial Express (English - All editions) and Makkal Kural (Tamil - Chennai Edition) newspapers on April 10, 2026.

SEBI Special Window Initiative

The Securities and Exchange Board of India has opened a special window for transfer and dematerialisation of physical shares based on SEBI circular no. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. This initiative provides shareholders with a one-year window to process their physical share transfers.

Parameter: Details
Window Period: February 05, 2026 to February 04, 2027
Duration: One year
Applicable Transfers: Transfer deeds executed prior to April 01, 2019
Contact Point: Cameo Corporate Services Limited

Eligibility and Process

The special window enables shareholders to lodge or re-lodge transfer and dematerialisation requests for physical share certificates where the transfer deed was executed prior to April 01, 2019. This includes cases where such requests were:

  • Previously rejected
  • Returned due to deficiencies
  • Not attended due to documentation issues
  • Not processed due to other procedural matters

Eligible shareholders who wish to avail this opportunity are requested to contact the company's Registrar and Transfer Agent (RTA), Cameo Corporate Services Limited, located at Subramanian Building, No. 1, Club House Road, Chennai – 600 002.

Transfer Conditions and Restrictions

The transferred shares will be subject to specific conditions as mandated by SEBI regulations. All shares processed through this special window will be mandatorily credited to the transferee only in demat mode, ensuring complete dematerialisation of the securities.

Condition: Details
Credit Mode: Demat mode only
Lock-in Period: One year from registration date
Transfer Restrictions: No transfer/lien-marking/pledging during lock-in
Processing Authority: Cameo Corporate Services Limited

The securities will remain under lock-in for a period of one year from the date of registration of transfer. During this lock-in period, these securities cannot be transferred, lien-marked, or pledged, ensuring compliance with regulatory requirements.

Company Communication

The announcement was signed by G. Sri Vignesh, Company Secretary of Manali Petrochemicals Limited, and communicated to both BSE Limited and National Stock Exchange of India Limited on April 10, 2026. The company has requested both stock exchanges to take this information on record as part of its regulatory compliance obligations.

Historical Stock Returns for Manali Petrochemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-2.04%+25.43%+19.09%-25.75%-0.78%-24.55%

Will SEBI extend similar special windows for other companies with significant physical share holdings beyond February 2027?

How might the mandatory one-year lock-in period affect Manali Petrochemicals' trading liquidity and share price volatility?

What percentage of Manali Petrochemicals' total shareholding remains in physical form and could potentially be converted through this window?

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