Announced Mon, 27 Jul · 16:28 IST
ADTECH Systems notifies shareholders about IEPF transfer of unclaimed dividend shares
Compliance View source PDF
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AI summary
ADTECH Systems has completed sending individual notices to shareholders whose dividends have remained unclaimed for seven consecutive years, starting from FY 2018-19. Their shares and unpaid dividends are liable to be transferred to the Investor Education and Protection Fund (IEPF) under Section 124(6) of the Companies Act, 2013.
Likely market impact
Shareholders with unclaimed dividends since FY 2018-19 must claim soon or their shares will be transferred to the IEPF.