Announcement under Regulation 30 of (LODR) Regulations, 2015 on despatch of notices to Shareholders who have not claimed dividends for 7 consecutive years and on proposed transfer of their ....
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Adtech Systems Ltd has sent individual notices to all shareholders whose dividends have remained unclaimed for seven consecutive years, starting from the dividend for the financial year 2017-18. As per Section 124(6) of the Companies Act, 2013, the shares of these shareholders are liable to be transferred to the Investor Education and Protection Fund (IEPF). The company completed the dispatch of these notices on September 13, 2025, and has informed the stock exchanges (BSE and MSEI) about this as required under SEBI listing rules. This is a routine regulatory compliance step and not a new corporate action. Shareholders who receive such notices and wish to retain their shares will need to claim their pending dividends before the transfer takes place.
This is a procedural compliance update and is unlikely to have any direct impact on the stock price. Shareholders who have unclaimed dividends since 2017-18 should act promptly to claim them and prevent their shares from being moved to the IEPF.