Agarwal Industrial Corporation Limited has informed the Exchange about Copy of Newspaper Publication
AGARIND · price
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Awaiting price reaction for this filing.
Agarwal Industrial Corporation Limited has published a newspaper notice (in Business Standard and Pratahkal) informing shareholders that equity shares linked to unclaimed dividends for Financial Year 2017-18 will be transferred to the Investor Education and Protection Fund (IEPF). Under SEBI (LODR) Regulation 47 and the IEPF Rules, shares with seven consecutive years of unpaid dividends are liable for such transfer. Individual letters have already been sent to affected shareholders, and full details are available on the company's website www.aicltd.in. Shareholders must claim their unencashed dividend on or before October 29, 2025; otherwise, the company will issue new share certificates, cancel the originals, and transfer the shares to IEPF. Once transferred, shareholders can still reclaim the shares from IEPF by following the prescribed procedure.
This is a routine compliance announcement and does not affect the stock price. Shareholders who have not claimed their dividends since FY 2017-18 should act quickly to prevent their shares from being moved to the IEPF, after which the recovery process becomes more cumbersome.