Please find enclosed herewith Newspaper Advertisement pertaining to Notice of Transfer of Equity shares of the Company to Investor Education and Protection Fund (IEPF) in English and Marathi ....
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Awaiting price reaction for this filing.
Ashirwad Capital Ltd (BSE Scrip Code: 512247) has published a newspaper advertisement in English (Active Times) and Marathi (Mumbai Lakshadeep), both dated July 31, 2025, informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF). This action is taken under Section 124 of the Companies Act, 2013, and applies to shareholders whose dividends have remained unclaimed for seven consecutive years. Shareholders have been advised to claim their unclaimed dividends by November 03, 2025, failing which their shares will be transferred to IEPF. Shareholders can later reclaim shares by applying to the IEPF Authority using Form IEPF-5. The company's Registrar and Share Transfer Agent is Bigshare Services Pvt. Ltd. The communication was signed by Managing Director Dinesh Ramprasad Poddar on August 1, 2025.
This is a routine regulatory compliance filing and does not directly affect the stock price. However, shareholders with unclaimed dividends for 7+ years should act before November 3, 2025 to avoid having their shares permanently transferred to the IEPF. Once transferred, shares can only be reclaimed through a formal IEPF-5 application process.