Shriram Finance Launches Second 100 Days Campaign for Unclaimed Dividend Recovery and KYC Updates

2 min read     Updated on 30 Apr 2026, 06:52 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Shriram Finance Limited has initiated its Second 100 Days Campaign - Saksham Niveshak from April 01, 2026 to July 09, 2026, following IEPF Authority directions dated March 27, 2026. The campaign encourages shareholders to claim unclaimed dividends and update KYC details before mandatory transfer to IEPF Authority under Companies Act, 2013 provisions. Shareholders can complete the process through Form IEPF-5 and contact the company's Nodal Officer or RTA for assistance.

powered bylight_fuzz_icon
39057759

*this image is generated using AI for illustrative purposes only.

Shriram Finance Limited has launched its Second 100 Days Campaign - Saksham Niveshak to assist shareholders in claiming unclaimed dividends and updating their Know Your Customer (KYC) details. The campaign, running from April 01, 2026 to July 09, 2026, follows specific directions from the Investor Education and Protection Fund (IEPF) Authority dated March 27, 2026.

Campaign Details and Timeline

The Second 100 Days Campaign serves as a continuation of the company's previous initiative that ran from July 28, 2025 to November 06, 2025. The current campaign specifically targets shareholders who have unclaimed dividends in the company's Unclaimed Dividend Account and those who need to update their KYC information.

Campaign Parameter Details
Campaign Name Second 100 Days Campaign - Saksham Niveshak
Duration April 01, 2026 to July 09, 2026
Authority Direction Date March 27, 2026
Previous Campaign Period July 28, 2025 to November 06, 2025

KYC Requirements and Compliance

Shareholders who have not updated their KYC details are advised to complete the necessary documentation during the campaign period. The required KYC information includes bank mandate details, Permanent Account Number (PAN), mobile number, email ID, and communication address. The company has partnered with Integrated Registry Management Services Private Limited as its Registrar and Share Transfer Agent (RTA) to facilitate this process.

Legal Framework and Transfer Requirements

Under Sections 124(5) and 124(6) of the Companies Act, 2013, companies are mandated to transfer unclaimed dividends to the IEPF Authority after a period of 7 years. Additionally, equity shares for which dividends have remained unclaimed for 7 consecutive years must also be transferred to the IEPF Authority.

Regulatory Aspect Requirement
Transfer Period 7 years for unclaimed dividends
Equity Shares Transfer After 7 consecutive years of unclaimed dividends
Governing Law Companies Act, 2013 Sections 124(5) & 124(6)
Authority Investor Education and Protection Fund (IEPF)

Contact Information and Process

Shareholders can claim their dividends and shares by submitting Form No. IEPF-5, available on the Ministry of Corporate Affairs website. Documents should be sent to the company's Nodal Officer at secretarial@shriramfinance.in or to the RTA at their Chennai office located at 2nd Floor, Kences Towers No. 1 Ramakrishna Street, North Usman Road, T Nagar, Chennai - 600 017.

The company has published this notice in Financial Express (English Version - Mumbai and Chennai editions) and Dinakaran (Tamil Version - All editions) on April 29, 2026. Complete details and KYC update links are available on the company's website at www.shriramfinance.in . The company has clarified that no liability will lie against it for unclaimed dividends and equity shares transferred to the IEPF Authority.

Historical Stock Returns for Shriram Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.04%-10.26%+3.71%+26.93%+52.49%+230.92%

What impact will the success rate of this second campaign have on Shriram Finance's future dividend distribution strategies?

How might stricter KYC compliance requirements affect retail investor participation in Shriram Finance's future equity offerings?

Will Shriram Finance implement automated dividend claiming systems to reduce unclaimed amounts in subsequent years?

Shriram Finance Revises AUM Growth Forecast Down to 15% from 18%

0 min read     Updated on 27 Apr 2026, 12:36 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Shriram Finance has revised its Assets Under Management (AUM) growth forecast downward to 15% from the previously projected 18%, representing a 3 percentage point reduction. This adjustment reflects a more conservative approach to business expansion and indicates the company's reassessment of market conditions and growth prospects in the current financial environment.

powered bylight_fuzz_icon
38819183

*this image is generated using AI for illustrative purposes only.

Shriram Finance has announced a downward revision of its Assets Under Management (AUM) growth forecast, adjusting expectations to reflect current market conditions and business outlook.

Revised Growth Projections

The financial services company has lowered its AUM growth target to 15% from the previously announced forecast of 18%. This represents a reduction of 3 percentage points in the company's growth expectations.

Growth Parameter Previous Forecast Revised Forecast Change
AUM Growth Target 18% 15% -3 percentage points

Strategic Recalibration

The revision reflects Shriram Finance's more conservative approach to business expansion in the current financial environment. The adjustment indicates the company's reassessment of market conditions and growth prospects, suggesting a strategic recalibration of expectations.

This downward revision in growth projections represents a significant shift in the company's outlook, as AUM growth is a key metric for financial services companies, directly impacting revenue generation and business expansion capabilities. The company's decision to lower its forecast demonstrates a prudent approach to setting realistic targets in the prevailing market scenario.

Historical Stock Returns for Shriram Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.04%-10.26%+3.71%+26.93%+52.49%+230.92%

What specific market conditions or regulatory changes prompted Shriram Finance to adopt this more conservative growth outlook?

How might this revised AUM growth target affect Shriram Finance's competitive position against other NBFCs in the coming quarters?

Will the company need to adjust its capital allocation strategy or investment plans to align with the lower growth projections?

More News on Shriram Finance

1 Year Returns:+52.49%