Newspaper Advertisement - Notice to the Equity shareholders of the Company for transfer of Equity Shares to the Investors Education & Protection Fund (IEPF) Suspense Account of FY 2018-19.
ADANIENT · price
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Adani Enterprises has published a newspaper advertisement notifying shareholders about the transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) Suspense Account. Under IEPF Rules, shares of shareholders who have not encashed or claimed their final dividend for FY 2018-19 for seven consecutive years will be transferred to the IEPF Suspense Account. The company has sent separate communications via Speed Post to affected individual shareholders. Shareholders can claim back their shares along with benefits from IEPF Authority by following the prescribed procedure. For physical shareholders, duplicate share certificates will be issued in lieu of original certificates which will be automatically cancelled.
This is a routine regulatory compliance filing with no direct impact on the company's financial performance or stock price. Affected shareholders risk losing voting rights on transferred shares until they file a refund claim with IEPF Authority.