India Power Corporation Limited has announced its participation in the Second 100 Days Campaign titled 'Saksham Niveshak' as part of the Investor Education and Protection Fund Authority (IEPFA) initiative. The campaign, which commenced on April 01, 2026 and will continue until July 09, 2026, aims to facilitate shareholders in updating their KYC details and claiming unpaid dividends to prevent transfer to the Investor Education Protection Fund (IEPF).

Campaign Framework and Regulatory Compliance

The initiative follows communication from IEPFA and Ministry of Corporate Affairs (MCA) dated March 27, 2026, requesting companies to initiate the Second 100-day Campaign focusing on shareholders with unclaimed dividends. The company has published advertisements in Financial Express (English) and Aajkal (Bengali) newspapers on April 23, 2026, ensuring compliance with regulatory requirements.

Key Campaign Objectives

The Saksham Niveshak campaign focuses on four primary actions: proactive engagement with shareholders to update KYC, bank mandates, and contact information; timely dividend processing to ensure swift processing of dividend claims; prevention of unnecessary transfers to avoid IEPF transfer of shares; and direct claim settlement enabling shareholders to receive rightful claims directly from the company.

Shareholder Action Requirements

Shareholders with unpaid or unclaimed dividends from Financial Year 2018-19 onwards are required to update their KYC details including PAN (linked with Aadhaar number), contact details with postal address and PIN code, mobile number, bank account details, specimen signature, and nomination details. Since dividends are payable only through electronic mode, amounts will be credited to shareholders' bank accounts only after required information and KYC documents are updated.

Support Services and Contact Information

Shareholders requiring assistance can contact the company's Registrar and Transfer Agent, CB Management Services (P) Ltd, located at Rasoi Court 5th floor, 20, Sir R N Mukherjee Road, Kolkata - 700001. They can be reached at telephone number 033-6906 6200 or via email at rta@cbmsl.com . For campaign-related queries, shareholders can also contact the company directly at corporate@indiapower.com .

Documentation and Compliance

The notification was communicated to National Stock Exchange of India Limited and Metropolitan Stock Exchange of India Limited on April 23, 2026, under scrip symbol DPSCLTD. The communication was digitally signed by Dhananjoy Karmakar, Company Secretary & Compliance Officer (FCS: 6901), ensuring proper documentation and regulatory adherence under SEBI LODR regulations.

Source: None/Company/INE360C01024/fec38bb424764ffb.pdf

Rane Holdings Limited has informed stock exchanges that its wholly owned subsidiary, Rane Steering Systems Private Limited (RSSL), received a customs order confirming differential duty and penalty totaling ₹2.89 crore on April 16, 2026.

Customs Order Details

The Principal Commissioner of Customs ICD, Patparganj, New Delhi issued the order under Section 28 of the Customs Act, 1962. The order addresses wrong tariff classification issues related to 39 import bill entries that occurred between May 2023 and January 2025.

Background and Compliance Issues

RSSL had previously received a Show Cause Notice regarding the wrong tariff classification of import bills. The customs authority identified non-compliance in the classification process, which resulted in differential duty calculations along with applicable interest and penalty provisions under Sections 28(1), 28AA, and 112 of the Customs Act, 1962.

The company's disclosure follows Regulation 30 of SEBI LODR requirements, with Rane Holdings having previously informed exchanges about the Show Cause Notice in May 2025.

Company Response and Next Steps

RSSL plans to contest the customs order before the appropriate authority within prescribed timelines. The subsidiary will work in consultation with its tax advisors and consultants to challenge the order through proper legal channels.

Regulatory Disclosure

The disclosure was made under Regulation 30 of SEBI LODR regulations, specifically covering communications from regulatory authorities. Rane Holdings confirmed that all information provided in the compliance filing is accurate and complete to the best of the company's knowledge and belief.

The company has requested stock exchanges to note the compliance under relevant SEBI LODR regulations and associated circulars. This development represents an ongoing regulatory matter that the subsidiary will address through established legal procedures.