ACC Limited has informed the Exchange about Newspaper Publication - Notice to Shareholders for transfer of Equity Shares to IEPF Account.
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Awaiting price reaction for this filing.
ACC Limited has published a notice in the Financial Express (English, all India edition) and its Gujarati translation (Ahmedabad edition) on 12th April 2025, informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF) Account. This action is being taken under Section 124(6) of the Companies Act, 2013 for shares whose dividends have remained unclaimed for seven or more consecutive years. Shareholders whose shares are at risk of transfer have been given until 20th June 2025 to claim their shares by updating their KYC and contacting the company's Registrar (KFin Technologies, Hyderabad). The full list of concerned shareholders is available on the company's website at www.acclimited.com. The filing is a routine regulatory compliance disclosure required under SEBI Listing Regulations and does not affect operational or financial performance.
This is a routine compliance notice with no impact on ACC's stock price or business. Shareholders who have not claimed dividends for 7+ years should check the list on the company website and act before 20th June 2025 to avoid losing their shares to the IEPF.