BASMLNSEBannari Amman Spinning Mills Limited· Textiles - CottonMinimalNeutral
Announced Mon, 28 Jul · 15:35 IST

Bannari Amman Spinning Mills Limited has informed the Exchange about Copy of Newspaper Publication. Notice of Transfer of Equity Shares of the Company to Investor Education and Protection Fund ("IEPF") Authority.

BASML · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bannari Amman Spinning Mills has informed the stock exchanges about a newspaper advertisement published on 28 July 2025 regarding the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The notice was published in Business Standard (English) and Makkal Kural (Tamil). Under SEBI/MCA rules, shares whose dividends have not been claimed for seven consecutive years or more are liable to be transferred to the IEPF account. Individual notices have already been sent to affected shareholders, and full details of such shareholders and shares are available on the company's website (www.bannarimills.com). Shareholders have until 27 October 2025 to claim their unpaid dividends, failing which their shares will be moved to the IEPF account. Shareholders can later reclaim shares by applying to IEPF Authority in Form IEPF-5.

Likely market impact

This is a routine regulatory compliance filing and not a corporate action affecting the stock price. Shareholders who have unclaimed dividends for 7+ years should act before 27 October 2025 to avoid having their shares transferred to the IEPF Authority.