Albert David to Transfer Unclaimed Shares to IEPF
ALBERTDAVD · price
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Albert David Ltd has published a newspaper notice about transferring certain equity shares to the Investor Education and Protection Fund (IEPF). Under Indian rules, shares belonging to shareholders who have not claimed their dividends for seven or more consecutive years are moved to the IEPF. Shareholders can still reclaim their shares by submitting an application along with the required documents to the company. This is a routine compliance disclosure made under SEBI Listing Regulations.
Shareholders with unclaimed dividends for 7+ years risk losing their shares. Affected holders should act quickly to claim them back.