Balaji Telefilms Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'- Letters sent to shareholders.
BALAJITELE · price
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Balaji Telefilms Limited has informed the exchanges about reminder letters sent to shareholders whose dividends have remained unpaid or unclaimed for seven or more consecutive years. According to the company's records, the Final dividend for F.Y. 2018-19 and all subsequent dividends remain unclaimed against the shares held by these shareholders. As per Section 124(6) of the Companies Act, 2013 read with IEPF Authority Rules, 2016, these shares are liable to be transferred to the Investor Education and Protection Fund (IEPF). Shareholders have until October 05, 2026 to submit required KYC documents to KFin Technologies Limited (RTA) to claim their unpaid dividends and avoid share transfer. If not claimed, shares will be transferred to IEPF without further notice, though shareholders can later claim via IEPF-5 form.
Shareholders with unclaimed dividends since F.Y. 2018-19 risk losing their shares to IEPF if they do not act by October 5, 2026. This is a routine compliance disclosure with no direct material impact on the company's stock price, but affected shareholders should take immediate action to preserve their shareholding.