Asian Hotels (West) Limited has informed the Exchange about Copy of Newspaper Publication for transfer of unpaid dividend and corresponding shares into IEPF pertaining to financial year 2017-18
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Asian Hotels (West) Limited has published a notice in Business Standard (English and Hindi) on 14th July 2025 informing shareholders about the upcoming transfer of unpaid dividends and the corresponding shares to the Investor Education and Protection Fund (IEPF). This action relates to the financial year 2017-18, where dividends have remained unclaimed for seven years, as required under Section 124 of the Companies Act, 2013. Shareholders who have not yet claimed their dividends are given a final opportunity to do so, with the last date being around 3rd September 2025. Shareholders are advised to contact the company's Registrar, KFin Technologies, to claim their dividends and prevent the transfer of their shares to IEPF.
Shareholders who have not claimed their dividends from FY 2017-18 face the risk of losing both the unclaimed dividend amount and the underlying shares, which will be transferred to the IEPF. This is a routine annual compliance and is unlikely to have any material impact on the stock price.