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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Adani Enterprises has published a newspaper notice informing shareholders that shares corresponding to unclaimed dividends for FY 2018-19 (Final Dividend) will be transferred to the Investor Education and Protection Fund (IEPF) Suspense Account. Under IEPF Rules, shares of shareholders who have not encashed or claimed dividends for seven consecutive years must be transferred to the IEPF account. The company has uploaded details of affected shareholders on its website and sent separate communications to individual shareholders. Physical shareholders will receive duplicate share certificates, and original certificates will be automatically cancelled. Shareholders can claim back their shares from IEPF Authority by following the prescribed procedure.
This is a routine regulatory compliance action. Affected shareholders who have not claimed dividends for seven years risk losing voting rights on their shares until they file a claim with IEPF Authority. The stock itself is not impacted by this administrative transfer.