Saurashtra Cement notifies IEPFA campaign, demat window

1 min read     Updated on 10 Jun 2026, 03:08 AM
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Suketu GScanX News Team
AI Summary

Saurashtra Cement Limited has notified shareholders about the IEPFA 'Saksham Niveshak' campaign running until July 9, 2026, aimed at updating KYC and bank details to prevent fund transfers. Additionally, a special window for dematerialising physical shares purchased before April 1, 2019, is available from February 5, 2026, to February 4, 2027.

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Saurashtra Cement Limited has notified shareholders regarding the Investor Education and Protection Fund Authority (IEPFA) Second 100 Days Campaign, known as “Saksham Niveshak”, which runs until July 9, 2026. The initiative aims to assist investors in updating KYC, bank account, nomination, and contact details to prevent the transfer of unpaid dividends and corresponding shares to the IEPF for the financial years 2019–20 to 2023–24. Regulations require the transfer of unpaid amounts after seven years from the date they are moved to the Unpaid Dividend Account.

The company has also opened an additional special window for the transfer and dematerialisation of physical securities bought or sold before April 1, 2019. This facility is available pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The window remains open for one year, from February 5, 2026, to February 4, 2027. Approved transfers will be issued only in dematerialised form, and shares will remain under lock-in for one year from the date of registration of transfer.

Shareholders needing to claim unpaid dividends or update details may contact the company’s Registrar and Transfer Agent, MUFG Intime India Private Limited. The RTA can be reached via email at investor.helpdesk@in.mpms.mufg.com , phone at 022 49186000, or through the SWAYAM portal for request tracking. KYC forms are available on the company’s website.

Key Dates and Contact Details

Event Date/Details
IEPFA Campaign End July 9, 2026
Special Window Start February 5, 2026
Special Window End February 4, 2027
RTA MUFG Intime India Private Limited
RTA Address C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400 083

Historical Stock Returns for Saurashtra Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-4.10%-11.33%-31.17%-38.27%-51.44%

What impact will the 'Saksham Niveshak' campaign have on Saurashtra Cement's shareholder retention rates by 2027?

How might the one-year lock-in period for dematerialized shares affect liquidity during the special window?

Could this initiative set a precedent for other companies to launch similar investor education campaigns?

Saurashtra Cement's Paints Division CEO Surender Bhatia Resigns, Last Working Day Set for August 14, 2026

1 min read     Updated on 19 May 2026, 07:02 AM
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AI Summary

Saurashtra Cement Limited filed a regulatory intimation on May 18, 2026, disclosing the resignation of Mr. Surender Bhatia, CEO of its Paints Division and a Key Managerial Personnel, who stepped down on May 15, 2026, citing personal reasons. He is currently serving his notice period, with his last working day confirmed as August 14, 2026. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015, and filed with both BSE Limited and the National Stock Exchange of India Limited.

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Saurashtra Cement Limited has disclosed the resignation of Mr. Surender Bhatia, Chief Executive Officer of its Paints Division, in a regulatory filing dated May 18, 2026. The intimation was made under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as Mr. Bhatia holds the designation of Key Managerial Personnel (KMP) at the company.

Key Details of the Resignation

Mr. Bhatia formally resigned on May 15, 2026, citing personal reasons for his decision to step down. As per the terms of his employment, he is currently serving his notice period, and his last working day at the company has been confirmed as August 14, 2026.

The following table summarises the key details of the development:

Parameter: Details
Name: Mr. Surender Bhatia
Designation: Chief Executive Officer – Paints Division
Classification: Key Managerial Personnel (KMP)
Date of Resignation: May 15, 2026
Reason for Resignation: Personal reasons
Last Working Day: August 14, 2026
Regulatory Disclosure: Regulation 30, SEBI (LODR) Regulations, 2015

Regulatory Disclosure

The disclosure was filed with both BSE Limited and the National Stock Exchange of India Limited, as required under applicable listing regulations. The filing was signed by Sonali Sanas, Chief Legal Officer, CS & Strategy, on behalf of Saurashtra Cement Limited. The company has requested the exchanges to take the intimation on record.

Historical Stock Returns for Saurashtra Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-4.10%-11.33%-31.17%-38.27%-51.44%

Who will Saurashtra Cement appoint as the successor CEO for its Paints Division, and how quickly can the company fill this leadership vacuum?

How might the departure of the Paints Division CEO impact Saurashtra Cement's growth strategy and market share in the competitive Indian paints sector?

Could this leadership change signal broader strategic shifts, such as a potential restructuring, sale, or scaling back of Saurashtra Cement's Paints Division?

More News on Saurashtra Cement

1 Year Returns:-38.27%