Alembic Limited has informed the Exchange about General Updates
ALEMBICLTD · price
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Awaiting price reaction for this filing.
Alembic Limited has sent reminder letters to specific shareholders who have not claimed their dividends for seven consecutive years, starting from the unpaid Final Dividend for FY2017-18 (through FY2023-24). Under Section 124(6) of the Companies Act, 2013, shares whose dividends remain unclaimed for seven or more years are liable to be transferred to the Investor Education and Protection Fund (IEPF). Shareholders have been asked to claim their unpaid dividend on or before 14th August 2025, failing which their equity shares will be moved to the IEPF account. Shareholders can recover shares from IEPF later by filing web form IEPF-5. The company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has been appointed as the contact point for claims or KYC updates.
This is a routine regulatory compliance filing and not a material corporate event; it is unlikely to affect the stock price. However, individual shareholders named in the reminder who fail to act before the 14 August 2025 deadline will lose custody of their shares (though they remain recoverable via the IEPF process).