Notice of Transfer of Equity shares of the Company to Investor Education and Protection Fund
BALAMINES · price
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Balaji Amines Ltd has published a notice informing shareholders about the mandatory transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF). The transfer is required under Section 124(6) of the Companies Act, 2013 and must be completed by August 31, 2026. Shares eligible for transfer are those associated with unclaimed dividends from FY 2018-19 and subsequent years. Shareholders holding shares in physical form will have their original certificates automatically cancelled upon transfer, while electronic shareholding will be debited from demat accounts. Affected shareholders can still claim back their shares along with any accrued benefits directly from IEPF Authority by following the prescribed procedure on the IEPF website.
This is a routine regulatory compliance filing with minimal direct impact on the stock. Shareholders who have not claimed dividends for 7+ consecutive years risk losing voting rights on transferred shares. The company is fulfilling its statutory obligation to protect shareholder interests.