BANKINDIANSEBank of India· BanksMinimalNeutral
Announced Mon, 4 May · 16:04 IST

Bank Of India has informed the Exchange about Copy of Newspaper Publication - Intimation Regarding Shares Transferred to IEPF

BANKINDIA · price

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Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹138.90
prior close
₹138.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4+0.1+0.0+0.3+2.5+1.1+0.7+3.7+1.2+4.0+4.6+1.9+0.8
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AI summary

Bank of India has informed shareholders about shares transferred to the Investor Education and Protection Fund (IEPF) as per Section 124 of the Companies Act, 2013. The transfer involves shares where dividends declared up to FY 2013-14 remained unclaimed for seven consecutive years or more, with no valid claims received by the deadline of 07 March 2026. The bank had sent individual communications to concerned shareholders on 06 December 2020 and published newspaper notices on 08 December 2025 requesting claim submissions. Details of affected shareholders and transferred shares are available on the bank's website.

Likely market impact

This is a routine regulatory compliance announcement and has no direct impact on shareholders who regularly claim dividends. Affected shareholders can still claim their shares and dividends from IEPF by submitting valid claims to the bank or its RTA.