Banco Products (I) Limited has informed the Exchange about a copy of Notice w.r.t. Transfer of Equity Shares of the Company to Investor Education and Protection Fund (IEPF), published in Business Standard (English) and Loksatta Jansatta (Gujarati) on 20th December, 2025
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Banco Products (I) Limited has published a newspaper notice informing shareholders about the upcoming transfer of certain equity shares to the Investor Education and Protection Fund (IEPF). The notice appeared in Business Standard (English) and Loksatta Jansatta (Gujarati) on 20th December 2025. Under Indian company law, shares of shareholders who have not claimed their dividends for seven or more consecutive years are moved to the IEPF. This is a routine regulatory compliance step, not a corporate action affecting the company's operations. Shareholders whose shares are due for transfer can still claim them back by following the prescribed process before the actual transfer takes place.
This is a routine regulatory disclosure and is unlikely to have a material impact on the stock price. Shareholders who have unclaimed dividends for 7+ years should verify if their shares are on the transfer list and act quickly to claim them, as reclaiming shares from IEPF later can be a lengthy and paperwork-heavy process.