Albert David Limited has informed the Exchange about Copy of Newspaper Publication dated 27.06.2025 regarding transfer of Dividend and equity shares to IEPF of unpaid and Unclaimed Dividend s for F.Y 2017-18 and onwards.
ALBERTDAVD · price
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Albert David Limited has published a notice in Financial Express (English) and Aajkal (Bengali) on June 27, 2025, informing shareholders that unclaimed dividends and corresponding equity shares for FY 2017-18 and onwards will be transferred to the Investor Education and Protection Fund (IEPF) Authority. This action is being taken under Section 124(6) of the Companies Act, 2013, because dividends have remained unpaid or unclaimed for 7 or more consecutive years. Shareholders have until September 15, 2025, to submit valid claims to the company's Registrar and Transfer Agent (Maheshwari Datamatics Pvt. Ltd., Kolkata). If no claims are received, the shares will be transferred to IEPF on or before November 2, 2025, after which no claims against the company will be entertained.
This is a routine regulatory compliance disclosure. Shareholders of Albert David Limited who have not claimed dividends since FY 2017-18 should act before September 15, 2025, to avoid losing their shares to IEPF. No material impact on the company's financials or stock price is expected from this filing.