Newspaper Advertisement on transfer of Equity shares to IEPF
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ADC India Communications has published a notice (in English and Kannada newspapers on May 26, 2025) informing shareholders that equity shares of those who have not claimed dividends for seven consecutive years (from FY2017-18 onwards) will be transferred to the Investor Education and Protection Fund (IEPF) Authority. Under Section 124(6) of the Companies Act, 2013, the shares are liable to be transferred on or after August 31, 2025. The company will send individual notices to affected shareholders at their last available addresses, and concerned shareholders must submit the required documents to the Registrar KFin Technologies by August 18, 2025, to prevent the transfer. This is a routine regulatory disclosure submitted to BSE under SEBI Listing Regulations.
This is a standard compliance disclosure with no direct impact on the company's financials or stock price. Shareholders who have not claimed dividends since FY2017-18 should act quickly (before August 18, 2025) to reclaim their shares and dividends, or risk losing them to the IEPF Authority.