Balaji Telefilms Limited has informed the Exchange regarding the reminder letter sent to shareholders whose dividend remains unpaid/unclaimed for seven or more consecutive years and whose shares are liable to be transferred to IEPF authority.
BALAJITELE · price
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Awaiting price reaction for this filing.
Balaji Telefilms has sent a reminder letter to shareholders whose dividends have remained unpaid or unclaimed for seven or more consecutive years, starting with the final dividend for FY 2017-18. As per Section 124(6) of the Companies Act, 2013, the shares of such shareholders are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority. Affected shareholders must submit the required documents (Letter of Undertaking, PAN, address proof, cancelled cheque, and client master) to the company or its registrar KFin Technologies by October 6, 2025. After this deadline, the shares will be moved to IEPF without further notice, though shareholders can still reclaim them later by filing Form IEPF-5. The disclosure was made under SEBI Listing Regulations and is also available on the company's website.
This is a routine regulatory compliance filing and is unlikely to have any material impact on the stock price. However, specific shareholders who have not claimed their dividends since FY 2017-18 must act before October 6, 2025, or risk losing their shares to the IEPF.