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 notice informing shareholders that shares of those who have not encashed or claimed their dividend for seven consecutive years from FY 2018-19 will be transferred to the Investor Education and Protection Fund (IEPF) Suspense Account. This transfer is mandatory under the IEPF Authority Rules, 2016. The company has already sent separate communications via Speed Post to affected individual shareholders. Shareholders can claim back their shares from IEPF Authority by following the prescribed refund procedure. For physical shareholders, duplicate share certificates will be issued in place of original certificates which will be automatically cancelled.
This is a routine regulatory compliance notice with no direct impact on the company's financials or stock price. Affected shareholders risk losing their shares if they do not claim them before the deadline.