Ambuja Cements Limited has informed the Exchange about Copy of Newspaper Publication - Notice to Shareholders for compulsory transfer of Equity Shares to IEPF Account.
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Ambuja Cements has published a notice in newspapers informing shareholders about the upcoming compulsory transfer of equity shares to the Investor Education and Protection Fund (IEPF) Account. This is a routine regulatory requirement under the Companies Act, 2013, and applies to shareholders who have not claimed their dividends for seven or more consecutive years. The notice serves as a final reminder, giving affected shareholders a window to update their KYC details and claim pending dividends before the shares are moved to the IEPF. Once transferred, shares can still be reclaimed from IEPF, but the process involves additional paperwork and procedures.
This is a standard compliance filing with no material impact on the company's financials or stock price. Shareholders who have unclaimed dividends for 7+ years should act promptly to prevent the transfer of their shares to the IEPF.