Datamatics Global Services Launches Second Saksham Niveshak Campaign for KYC Updates
Datamatics Global Services Limited has initiated the second 100-days Saksham Niveshak campaign as directed by the Investor Education and Protection Fund Authority. The campaign involves proactive shareholder engagement through electronic and physical communications to update KYC records and claim unclaimed dividends, with resources available on the company's investor relations website.
*this image is generated using AI for illustrative purposes only.
Datamatics Global Services Limited has launched the second edition of the 'Saksham Niveshak' campaign, following a communication from the Investor Education and Protection Fund Authority dated March 27, 2026. The initiative aims to help shareholders update their KYC records and claim unclaimed dividends to prevent transfer to the Investor Education and Protection Fund (IEPF).
Campaign Overview
The second 100-days campaign focuses on proactive shareholder engagement to create awareness about updating KYC information and bank mandates. The company has informed both BSE Limited and National Stock Exchange of India Limited about this initiative through an official communication dated April 24, 2026.
| Parameter: | Details |
|---|---|
| Campaign Name: | Saksham Niveshak (Second Edition) |
| Initiating Authority: | Investor Education and Protection Fund Authority |
| BSE Security Code: | 532528 |
| NSE Symbol: | DATAMATICS |
| Communication Date: | April 24, 2026 |
Shareholder Communication Strategy
The company has implemented a comprehensive communication approach to reach shareholders whose dividends remain unpaid or unclaimed. Electronic communications are being sent to shareholders with registered email addresses, while physical inland letters are dispatched to those without registered email IDs with the company, Registrar and Share Transfer Agent, or Depository Participant.
Digital Resources and Support
Shareholders can access campaign information and necessary forms through the company's dedicated investor relations portal. The website hosts KYC updation forms, nomination forms, and other relevant documentation to facilitate the process.
| Resource: | Access Point |
|---|---|
| Website Portal: | https://www.datamatics.com/about-us/investor-relations/shareholder-services |
| Available Forms: | KYC updation forms, Nomination forms |
| Communication Method: | Electronic and physical letters |
The campaign represents Datamatics Global Services' commitment to regulatory compliance and shareholder service, ensuring that investors can maintain their dividend entitlements and avoid automatic transfer of unclaimed amounts to IEPF. The initiative was formally communicated to stock exchanges by Divya Kumat, President, Chief Legal Officer & Company Secretary, through digitally signed correspondence.
Historical Stock Returns for Shiva Texyarn
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.05% | +0.15% | +17.33% | -13.94% | -20.19% | +19.85% |
What percentage of Datamatics' shareholders typically respond to such KYC update campaigns, and how might this impact future dividend distribution efficiency?
Could this proactive approach to shareholder engagement influence other listed companies to adopt similar campaigns before regulatory deadlines?
How might the success of this campaign affect Datamatics' relationship with institutional investors and its ESG compliance ratings?
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