Apollo Tyres Limited has informed the Exchange regarding Reminder Letter being send to the shareholders-Unclaimed Dividend for the FY 2017-18.
APOLLOTYRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Apollo Tyres has sent reminder letters to shareholders who have not claimed their dividends declared for FY 2017-18. Under Section 124 of the Companies Act, 2013, any dividend that remains unclaimed for seven consecutive years must be transferred to the Investor Education and Protection Fund (IEPF), and the corresponding shares will also be moved to the IEPF Demat Account. Affected shareholders have been given until Monday, August 11, 2025, to claim their unpaid dividends and prevent the transfer of their shares to IEPF. The filing includes specimen copies of the reminder letter and the letter of undertaking required from shareholders to claim their dividends. This is a routine regulatory compliance disclosure under SEBI LODR Regulations and Companies Act provisions.
This is a neutral, routine compliance filing with no impact on the company's operations, financials, or stock price. Only individual shareholders who have unclaimed dividends from FY 2017-18 are affected and are encouraged to claim before the August 11, 2025 deadline to avoid losing their shares to IEPF.