Vijaya Diagnostic Centre starts 100 Day Saksham Niveshak for unclaimed dividends

Noor Mohmmed

    19/Sep/2025

  • Vijaya Diagnostic Centre has launched Saksham Niveshak 100 Day campaign from July 28 to November 6, 2025 for unclaimed dividends.

  • Shareholders are urged to update KYC details like PAN, bank, mobile and nominee to receive dividends directly into their accounts.

  • Initiative aligns with IEPFA circular to protect investor interest and prevent transfer of dividends to IEPFA

Importance of IEPFA Circular and Corporate Compliance

The directive from IEPFA, issued through its circular dated July 16, 2025, is part of a broader effort to strengthen investor protection in India. The authority has been entrusted with the responsibility of administering funds transferred to the IEPF and ensuring they are eventually returned to rightful investors or their legal heirs.

For companies like Vijaya Diagnostic Centre Limited, compliance with such directives is not just a regulatory requirement but also a measure of good corporate governance. By launching this campaign, the company has shown its commitment towards protecting investor interest and enhancing transparency.

Role of Newspaper Publications

As per statutory requirements, companies are required to make public disclosures regarding investor-related campaigns and compliance activities. To meet this obligation, Vijaya Diagnostic Centre published notices in Financial Express (English edition) and Nava Telangana (regional edition).

These newspaper publications serve the dual purpose of informing shareholders as well as creating wider awareness among the general public about investor protection initiatives. It also ensures that shareholders, regardless of their geographic location, have access to this crucial information.

Broader Impact on Shareholders and Market

While such campaigns may appear to be routine regulatory compliance, their impact is far-reaching. Many small investors often lose track of their investments due to relocation, lack of awareness, or failure to update contact information. By actively engaging with shareholders and reminding them of their rights, Vijaya Diagnostic Centre is contributing to the larger vision of financial literacy and investor empowerment in India.

This also strengthens trust between the company and its investors, as it demonstrates that the company is willing to go beyond minimum compliance requirements and work proactively to safeguard investor interests.

Investor Education and Protection

The concept of investor protection is central to the functioning of capital markets. Regulators like SEBI and IEPFA have repeatedly emphasized that investors should not be deprived of their entitlements due to technical or procedural issues. By encouraging shareholders to update their records and claim dividends, the 100 Day Saksham Niveshak campaign contributes significantly to this mission.

Moreover, it encourages investors to take a more active role in managing their investments. By keeping their records updated, investors not only safeguard their dividends but also facilitate smoother transactions such as transfer of shares, dematerialisation, nomination updates, and estate planning.

What Shareholders Should Do Next

Shareholders of Vijaya Diagnostic Centre Limited are advised to take the following immediate steps:

  1. Contact the company’s RTA and check if any dividends remain unclaimed in their account.

  2. Submit updated KYC details including PAN, bank account, email, mobile, and nominee details.

  3. Ensure correctness of bank account linkage to avoid future delays in dividend payments.

  4. Retain copies of all submitted documents for personal records.

  5. If dividends have already been transferred to IEPF in the past, file an online claim application through the IEPF portal.

By following these steps, shareholders can not only claim their pending entitlements but also ensure smooth receipt of future dividends.

Conclusion

The announcement by Vijaya Diagnostic Centre Limited regarding its participation in the 100 Day Saksham Niveshak campaign marks an important milestone in corporate governance and investor protection. The initiative aligns with the objectives of the Investor Education and Protection Fund Authority, which has been at the forefront of ensuring that investors receive their rightful dues.

By urging shareholders to update their KYC details and claim unclaimed dividends, the company is taking a responsible approach towards its investors. For shareholders, this is a valuable opportunity to secure their entitlements and avoid future complications.

As the campaign continues till November 6, 2025, it is crucial for all stakeholders to take timely action. This step not only benefits individual shareholders but also strengthens the overall credibility and trustworthiness of the Indian capital market.


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