Newspaper Advertisement - Notice to Shareholders regarding Transfer of Unclaimed Dividend and corresponding shares of the Company for FY 2018-19 and onwards to the IEPFA.
AUTOAXLES · price
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Automotive Axles Ltd has published a newspaper advertisement (in English and Kannada) notifying shareholders about the transfer of unclaimed dividends and corresponding shares to the Investor Education and Protection Fund (IEPF) Authority. Under the IEPF Authority Rules, 2016 and Section 124(6) of the Companies Act, 2013, the company is mandated to transfer shares where dividends have remained unpaid or unclaimed for seven or more consecutive years to the IEPF. Individual notices have been sent to affected shareholders at their latest addresses. Shareholders have until September 15, 2026 to claim unpaid dividends for FY 2018-19 and onwards before the shares are transferred to IEPF. Even after transfer, shareholders can reclaim both dividends and shares from IEPF by following the prescribed procedure. Contact details for the RTA (Integrated Registry Management Services) are provided.
Shareholders with unclaimed dividends from FY 2018-19 onward risk losing their dividends and corresponding shares to the government IEPF if they do not claim by September 15, 2026. Affected investors should act promptly to protect their holdings.