Newspaper publication - Transfer of Equity shares to the Demat Account of the IEPF Authority and updation of PAN and KYC
BLIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Balmer Lawrie Investments Ltd has published notices in Financial Express (English), Aajkal (Bengali), and Jansatta (Hindi) on July 18, 2025 regarding two key matters. First, shareholders whose dividends have remained unpaid or unclaimed for seven consecutive years will have their underlying shares transferred to the IEPF Authority's demat account under Section 124 of the Companies Act, 2013. The final dividend for FY 2017-18 becomes due for transfer on October 19, 2025, and shares with unclaimed dividends from FY 2017-18 to FY 2023-24 will also be transferred within 30 days of the due date. Second, shareholders holding physical shares who have not yet updated their PAN and KYC details are urged to do so in line with SEBI's Master Circular dated June 23, 2025. Affected shareholders can claim unclaimed dividends by submitting documents to the RTA, C B Management Services (P) Ltd, by October 19, 2025.
This is a routine regulatory compliance notice with no material impact on the stock price. Shareholders with unclaimed dividends for FY 2017-18 onwards risk losing their shares to the IEPF Authority if they don't act before October 19, 2025. Physical shareholders should update their PAN and KYC promptly to avoid any restrictions on their holdings.