ABRELNSEAditya Birla Real Estate LimitedMinimalNeutral
Announced Wed, 13 May · 13:04 IST

Aditya Birla Real Estate Limited has informed the Exchange about Reminder letter to shareholders of the Company and Newspaper Advertisement for transfer of Shares to Investor Education and Protection Fund

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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹1321.80
prior close
₹1312.60
base price
In-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.0-0.2+0.6-1.0-2.8-6.9-3.4-3.8-5.5-5.8-6.1+8.7
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AI summary

Aditya Birla Real Estate Limited has sent reminder letters and published newspaper advertisements informing shareholders about the mandatory transfer of shares to the Investor Education and Protection Fund (IEPF). Shareholders who have not claimed dividends for seven consecutive years (from 2018-19 through 2024-25) are at risk of having their shares transferred to IEPF Suspense Account. The company has set a deadline of June 30, 2026 for shareholders to claim their unpaid dividends. The list of affected shareholders with their folio numbers is available on the company's website. After transfer to IEPF, shareholders can still claim their shares by filing Form IEPF-5.

Likely market impact

Shareholders who fail to claim their unpaid dividends by June 30, 2026 will have their shares compulsorily transferred to the IEPF demat account. While the shares can be claimed later from IEPF, it involves a more complex process requiring filing of IEPF-5 form.