Announced Mon, 22 Jun · 17:22 IST
Transfer of shares to IEPF for unclaimed dividends
Compliance View source PDF
BASML · price
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Price reaction · full curve 14 horizons · vs prior close
+8.7%1-day move
₹25.75
prior close
₹26.26
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.7-0.6-0.5+8.7+8.3+7.0+8.9+5.8+3.3+2.1+5.2——
Up moveDown movePending
AI summary
Bannari Amman Spinning Mills is set to transfer equity shares to the IEPF Authority for shareholders who have not claimed dividends for seven or more consecutive years. The company has sent individual notices to affected shareholders and uploaded the full list on its website. Shareholders must claim unpaid dividends on or before 18 September 2026, after which their shares will be moved to the IEPF account. Shares can later be reclaimed by applying to the IEPF Authority.
Likely market impact
Shareholders with unclaimed dividends from 2019 onwards risk losing their shares; claim by 18 September 2026 to avoid transfer to IEPF.