Narendra Properties Launches 'Saksham Niveshak' Campaign to Address Unclaimed Dividends

2 min read     Updated on 07 May 2026, 08:27 PM
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Shriram SScanX News Team
AI Summary

Narendra Properties Limited launched the 'Second 100 Days Campaign – Saksham Niveshak' on May 7, 2026, in response to a Ministry of Corporate Affairs directive dated March 27, 2026. The campaign, running from April 1, 2026 to July 9, 2026, targets shareholders with unclaimed or unpaid dividends, urging them to update KYC, bank mandates, and nominee details. Shareholders can contact the company's RTA, Cameo Corporate Services Limited, via phone, email, or the online investor portal. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015, and published in Trinity Mirror and Makkal Kural newspapers.

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Narendra Properties Limited has launched the 'Second 100 Days Campaign – Saksham Niveshak', a shareholder outreach initiative aimed at addressing unclaimed and unpaid dividends. The campaign was initiated in pursuance of an email dated March 27, 2026, issued by the Ministry of Corporate Affairs (MCA), and is aligned with the directives of the Investor Education and Protection Fund Authority (IEPFA), Government of India.

Campaign Overview

The campaign targets shareholders whose dividends have remained unpaid or unclaimed, encouraging them to take proactive steps to claim their dues and update essential records. The initiative is designed to prevent shareholder assets from being transferred to the IEPF.

Parameter: Details
Campaign Name: Second 100 Days Campaign – Saksham Niveshak
Campaign Period: April 1, 2026 to July 9, 2026
Initiated By: Ministry of Corporate Affairs (MCA) / IEPFA
Announcement Date: May 7, 2026
Regulatory Reference: Regulation 30, SEBI (LODR) Regulations, 2015

Who Should Participate

The company has urged the following categories of shareholders to act during the campaign period:

  • Shareholders who have not claimed their dividend
  • Shareholders who have not updated their KYC and nomination details
  • Shareholders facing issues related to unpaid or unclaimed dividends
  • Shareholders who need to register or update bank mandates and contact information

How to Reach the Registrar and Transfer Agent

Shareholders are requested to write to or contact the company's Registrar and Transfer Agent (RTA), Cameo Corporate Services Limited, through the following channels:

Contact Detail: Information
Address: Subramanian Building, No. 1, Club House Road, Chennai – 600 002
Telephone: 044-28460390 (5 Lines)
Email: investor@cameoindia.com
Website: www.cameoindia.com
Online Investor Portal: https://wisdom.cameoindia.com

Regulatory Disclosure

The company published advertisements regarding the campaign in Trinity Mirror, an English language newspaper, and Makkal Kural, a Tamil language newspaper, on May 7, 2026. The disclosure was made to the Bombay Stock Exchange Limited under Regulation 30 and all other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisement is also available on the company's website at www.narendraproperties.com .

The notice was signed by Chirag N Maher, Managing Director (DIN: 00078373), and the campaign notice was issued by Rishabh Haran, Company Secretary, from Chennai, dated May 6, 2026. The company's registered office is located at Makanji House, 2nd Floor, No. 49 (Old 25), Barnaby Road, Kilpauk, Chennai – 600 010 (CIN: L70101TN1995PLC031532).

Historical Stock Returns for Narendra Properties

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%+3.32%+1.72%-9.77%-3.71%+158.04%

What percentage of Narendra Properties Limited's total unclaimed dividends is at risk of being transferred to the IEPF if shareholders fail to respond before the July 9, 2026 deadline?

How might the MCA's 'Second 100 Days Campaign' influence other listed companies to proactively engage with shareholders on unclaimed dividend recovery across India?

What digital or technological measures could Narendra Properties Limited implement beyond the current campaign to prevent future accumulation of unclaimed dividends?

Narendra Properties Reports Audited FY26 Results, Recommends Dividend

2 min read     Updated on 30 Apr 2026, 02:32 PM
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AI Summary

Narendra Properties Limited announced its audited financial results for the year ended March 31, 2026, following a Board meeting on April 30, 2026. The company reported a net profit of ₹197.32 lakhs for FY26, compared to ₹92.35 lakhs in the previous year, representing significant growth. Total income from operations increased to ₹988.68 lakhs from ₹902.27 lakhs in FY25. The Board of Directors recommended a dividend of ₹1 per equity share, subject to shareholder approval at the Annual General Meeting tentatively scheduled for September 29, 2026. The statutory auditors issued an unmodified opinion on the financial statements.

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Narendra Properties Limited announced its audited financial results for the year ended March 31, 2026, following a Board meeting held on April 30, 2026. The company reported a net profit of ₹197.32 lakhs for the fiscal year, a substantial increase from ₹92.35 lakhs recorded in the previous year. Total income from operations rose to ₹988.68 lakhs in FY26, compared to ₹902.27 lakhs in FY25, driven by other income of ₹350.84 lakhs against ₹166.18 lakhs in the prior year.

For the quarter ended March 31, 2026, the company reported total income of ₹107.44 lakhs and a net profit of ₹0.69 lakhs after tax. Revenue from operations for the quarter stood at ₹0.00, while other income contributed ₹107.44 lakhs. The company's paid-up equity share capital remained constant at ₹710.64 lakhs with a face value of ₹10 per share throughout the reporting periods.

Financial Performance Summary

Particulars Year Ended 31-Mar-26 (₹ Lakhs) Year Ended 31-Mar-25 (₹ Lakhs)
Total Income From Operations 988.68 902.27
Total Expenses 723.47 778.73
Net Profit Before Tax 265.21 123.54
Net Profit After Tax 197.32 92.35
Basic Earnings Per Share 2.78 1.30

The Board of Directors recommended a final dividend of ₹1 per equity share, constituting 10% of the fully paid-up value of ₹10 per share. This dividend is subject to approval by shareholders at the 31st Annual General Meeting tentatively scheduled for September 29, 2026. The company will separately intimate the book closure and record dates to the stock exchange.

Balance Sheet Position

As of March 31, 2026, the company's total assets stood at ₹3,907.53 lakhs, compared to ₹3,792.76 lakhs in the previous year. Total equity increased to ₹3,887.88 lakhs from ₹3,761.62 lakhs, while total liabilities decreased to ₹19.65 lakhs from ₹31.14 lakhs. Current assets amounted to ₹3,157.87 lakhs, with inventories at ₹1,058.19 lakhs and cash and cash equivalents at ₹106.33 lakhs.

The statutory auditors, M/s Sanjiv Shah & Associates LLP, issued an unmodified opinion on the audited financial statements for the year ended March 31, 2026. The company operates primarily in the construction and property development segment and has no separate reportable segments. Additionally, the company disclosed pending receivables of ₹70 lakhs for which recovery proceedings are already in process.

Cash Flow Statement

Particulars Year Ended 31-Mar-26 (₹ Lakhs) Year Ended 31-Mar-25 (₹ Lakhs)
Net cash from operating activities 354.09 751.66
Net cash used in investing activities (195.02) (942.76)
Net cash used in financing activities (71.17) (71.16)
Net increase in cash and cash equivalents 87.90 (262.26)
Cash and cash equivalents at year-end 106.33 18.43

Historical Stock Returns for Narendra Properties

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%+3.32%+1.72%-9.77%-3.71%+158.04%

What factors contributed to the 111% surge in other income, and is this growth sustainable in FY27?

How will the company address the significant decline in Q4 performance and prevent similar quarterly volatility?

What strategic initiatives are planned to reverse the 13.35% decline in operational revenue for the upcoming fiscal year?

More News on Narendra Properties

1 Year Returns:-3.71%