Astec LifeSciences Limited has informed the Exchange about Notice to Shareholders regarding Transfer of Equity Shares to Investor Education and Protection Fund (IEPF) wherein Dividend has not been paid / claimed for 7 (Seven) consecutive Years
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Astec LifeSciences Limited has issued a notice to shareholders informing them that unclaimed dividends for 7 consecutive years (starting from Financial Year 2018-19) require transfer to the Investor Education and Protection Fund (IEPF). The company will transfer equity shares to IEPF on Wednesday, 26th August, 2026 for shareholders who have not claimed their dividends. Shareholders holding physical shares will have their certificates cancelled and duplicate certificates issued before transfer, while demat account holders will see their accounts debited. Affected shareholders have until Friday, 7th August, 2026 to claim their unpaid dividends by contacting the Registrar, Bigshare Services Private Limited. After transfer to IEPF, shareholders can still claim back both shares and dividends by filing online application IEPF-5 with the nodal officer.
Affected shareholders risk permanent loss of their equity shares if they fail to claim unclaimed dividends before 26th August 2026. For other shareholders, this filing has no direct impact as it is a routine regulatory compliance matter.