Please find enclosed herewith the Newspaper Advertisement informing the dispatch of intimation letters to the shareholders whose Equity shares are due for transfer to IEPF Authority.
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Aimco Pesticides has published a newspaper advertisement informing shareholders that intimation letters are being dispatched to those whose equity shares are due for transfer to the Investor Education and Protection Fund (IEPF) Authority. Under Indian company law, shares of shareholders who have not claimed dividends for seven or more consecutive years are required to be transferred to the IEPF. The advertisement serves as a public notice alongside individual letters to concerned shareholders. This is a routine regulatory compliance step under the Companies Act and IEPF Rules. Shareholders who do not respond risk losing their shares to the IEPF.
This is a procedural compliance announcement with no direct effect on the stock price. However, shareholders who have unclaimed dividends and dormant accounts should act quickly to prevent their shares from being transferred to the IEPF, from where recovery is difficult.