Please find enclosed, notice to the Shareholders of the Company for transfer of Unclaimed Dividend and Equity Shares to Investor Education and Protection Fund (IEPF)
ASTEC · price
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Astec Lifesciences Ltd has issued notices to shareholders who have unclaimed dividends for 7 or more consecutive years (from FY 2018-19 onwards). These shareholders must claim their unpaid dividends by 26th August 2026, failing which their equity shares will be compulsorily transferred to IEPF. The company has sent individual notices to affected shareholders at their registered addresses. Shareholders can claim dividends by contacting the Registrar and Transfer Agent, Bigshare Services Private Limited, before the deadline. After transfer to IEPF, shareholders can still claim back both dividends and shares by filing online application IEPF-5 with the company for verification.
This is a routine regulatory compliance filing with no material impact on the company's financials or stock price. Only affected shareholders who have unclaimed dividends from FY 2018-19 need to take action to avoid losing their shares.