VA TECH WABAG LIMITED Launches Second 100-Day Campaign 'Saksham Niveshak' for Unclaimed Dividends

2 min read     Updated on 02 May 2026, 11:11 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

VA TECH WABAG LIMITED has announced the launch of the second 100-day campaign 'Saksham Niveshak' under the Investor's Education and Protection Fund Authority (IEPFA) and Ministry of Corporate Affairs initiative. The campaign, running from April 1, 2026 to July 9, 2026, aims to assist shareholders in claiming unpaid and unclaimed dividends declared for FY 2024-25. The company has established dedicated helpline services and provided detailed procedures for both demat and physical shareholders to update their KYC details, including PAN, contact information, bank account details, and nomination information. The initiative seeks to prevent dividend amounts from being transferred to the IEPFA by encouraging shareholders to complete necessary documentation and claim their rightful dividends.

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VA TECH WABAG LIMITED has initiated the second 100-day campaign 'Saksham Niveshak' following a request from the Investor's Education and Protection Fund Authority (IEPFA) and Ministry of Corporate Affairs dated March 27, 2026. The campaign aims to reach out to shareholders whose dividends remain unpaid or unclaimed and assist them in claiming their rightful amounts before they get transferred to the IEPFA. The company had previously organized a similar initiative from July 28, 2025 to November 6, 2025, demonstrating its proactive approach to shareholder welfare.

The current campaign is scheduled to run from April 1, 2026 to July 9, 2026, focusing on dividends declared for FY 2024-25. The primary objective is to empower shareholders by raising awareness about unclaimed dividends and providing comprehensive assistance in reclaiming their dividends and shares through KYC and nomination updates. Dividends are payable only through electronic mode, and amounts will be credited to shareholders' bank accounts only after the required information and documents are updated.

Campaign Procedures for Shareholders

The company has outlined specific procedures for different categories of shareholders to update their details:

Shareholder Type Action Required Contact Point
Demat Shareholders Contact respective Depository Participants (DPs) to update KYC and other details Their DPs
Physical Shareholders Submit forms ISR-1, ISR-2, ISR-3, SH-13, and SH-14 to Company or RTA Company or Cameo Corporate Services Limited

Physical shareholders are required to update their KYC details, PAN, and nomination information by submitting the specified forms. These forms are available on the company's website at www.wabag.com/investor-communications/ and on the Registrar & Transfer Agent's website.

Contact Information and Support

To facilitate the campaign, the company has established dedicated support channels for shareholders seeking assistance:

Company Contact Details:

RTA Contact Details (Cameo Corporate Services Limited):

  • Address: Subramanian Building, 1, Club House Road, Anna Salai, Chennai – 600002, Tamil Nadu
  • Telephone: Toll free +91 44 4002 0700
  • Email: investor@cameoindia.com

The company has requested all shareholders with unpaid or unclaimed dividends to take proactive steps by updating their PAN, contact details including postal address with PIN and mobile number, bank account details, and specimen signature against their corresponding folio numbers. This ensures seamless receipt of dividends and safeguards shares and dividends from being transferred to the IEPF Authority. The communication regarding this campaign has been uploaded on the company's website and disseminated through various social media platforms including X, LinkedIn, and Facebook.

Historical Stock Returns for VA Tech Wabag

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%-1.31%+19.43%+5.71%+11.98%+507.09%

What percentage of VA Tech Wabag's total dividend payments typically remain unclaimed, and how might this campaign impact the company's cash flow management?

Will other listed companies follow VA Tech Wabag's proactive approach to shareholder outreach, potentially setting a new industry standard for investor relations?

How might the IEPFA's emphasis on digital KYC compliance influence the broader adoption of electronic payment systems across Indian capital markets?

VA TECH WABAG LIMITED incorporates wholly owned subsidiary NORTH CHENNAI TRU WATER PRIVATE LIMITED

1 min read     Updated on 23 Apr 2026, 03:49 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

VA TECH WABAG LIMITED has incorporated a wholly owned subsidiary named NORTH CHENNAI TRU WATER PRIVATE LIMITED effective from April 01, 2026. The subsidiary has been incorporated with an initial paid-up capital of INR 1,00,000 divided into 10,000 equity shares of INR 10 each. The new entity will be engaged in the business of refurbishment, finance, operate, maintain and transfer of a 45 Million Litres per Day tertiary treatment reverse osmosis plant at Kodungaiyur, Chennai, Tamil Nadu. The subsidiary operates in the waste water treatment industry and has not yet commenced business operations.

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VA TECH WABAG LIMITED has incorporated a wholly owned subsidiary company effective from April 01, 2026, with the Certificate of Incorporation received on April 22, 2026. The new subsidiary has been named NORTH CHENNAI TRU WATER PRIVATE LIMITED and has been incorporated in Chennai, India. The intimation was made to the National Stock Exchange of India Limited and BSE Limited in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Subsidiary Details

The wholly owned subsidiary has been incorporated with an initial paid-up capital of INR 1,00,000, divided into 10,000 equity shares of INR 10 each. The consideration paid towards subscription of share capital amounts to INR 100,000. VA TECH WABAG LIMITED holds 100% equity shares in the subsidiary, which has not yet commenced business operations and therefore has nil turnover.

Business Operations

NORTH CHENNAI TRU WATER PRIVATE LIMITED will operate in the waste water treatment industry. The subsidiary will be engaged in the business of "Refurbishment, Finance, Operate, Maintain and Transfer (RFOMT) of a 45 Million Litres per Day (MLD) Tertiary Treatment Reverse Osmosis (TTRO) Plant at Kodungaiyur, Chennai, Tamil Nadu."

Key Information

Parameter Details
Name of Subsidiary NORTH CHENNAI TRU WATER PRIVATE LIMITED
Date of Incorporation April 01, 2026
Location Chennai, India
Initial Paid-up Capital INR 1,00,000 (10,000 Equity Shares of INR 10 each)
Shareholding 100% held by VA TECH WABAG LIMITED
Industry Waste Water Treatment
Plant Capacity 45 MLD Tertiary Treatment Reverse Osmosis Plant
Plant Location Kodungaiyur, Chennai, Tamil Nadu

The subsidiary was registered with the Registrar of Companies, Chennai, India. As it is a newly incorporated entity, the turnover for the last three years is not applicable since business operations are yet to commence.

Historical Stock Returns for VA Tech Wabag

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%-1.31%+19.43%+5.71%+11.98%+507.09%

Will VA Tech Wabag pursue similar RFOMT project structures in other major Indian cities to scale its water treatment operations?

How might this 45 MLD capacity expansion impact VA Tech Wabag's competitive positioning in Tamil Nadu's water infrastructure market?

What revenue projections and timeline does VA Tech Wabag expect for the Kodungaiyur TTRO plant to reach operational capacity?

More News on VA Tech Wabag

1 Year Returns:+11.98%