BALAMINESNSEBalaji Amines Limited· Chemicals - InorganicMinimalNeutral
Announced Fri, 22 May · 12:30 IST

Balaji Amines Limited has informed the Exchange about Notice of Transfer of Equity shares of the Company to Investor Education and Protection Fund

BALAMINES · price

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Price reaction · full curve 14 horizons · vs prior close
+5.2%1-day move
₹1816.00
prior close
₹1794.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.2+0.6+1.3+5.2+3.0+0.5-1.7-2.3+16.9+14.8+16.5+31.3
Up moveDown movePending
AI summary

Balaji Amines Limited has published a notice informing equity shareholders about the mandatory transfer of shares to the Investor Education and Protection Fund (IEPF). The transfer is required under Section 124(6) of the Companies Act, 2013 and IEPF Rules 2016. Shares associated with unclaimed dividends from FY 2018-19 and earlier years will be transferred to IEPF on or before August 31, 2026. Physical share certificates will be automatically cancelled upon transfer, and for demat shareholders, their accounts will be debited. Shareholders can claim back their shares from IEPF Authority by following the prescribed procedure on the IEPF website (iepf.gov.in).

Likely market impact

Shareholders with unclaimed dividends from FY 2018-19 risk losing their shares to IEPF if they do not claim them before the deadline. Once transferred, claims must be made directly to IEPF Authority, not the company.