Letter to shareholders for claiming unclaimed dividends whose shares are liable to transfer to IEPF
BANSWRAS · price
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Banswara Syntex Limited has sent a notice to shareholders whose dividends have remained unclaimed for seven consecutive years (since FY 2017-18), informing them that their shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority. Shareholders have been given until November 14, 2025, to claim their unpaid dividends for FY 2017-2018 through FY 2023-2024 by submitting the required documents to the company's Registrar and Transfer Agent, Computech Sharecap Limited. Unclaimed dividends prior to FY 2016-2017 have already been transferred to IEPF. If no communication is received from the concerned shareholders by the deadline, the company will initiate the transfer of their shares to the IEPF Demat Account without further notice.
This is a routine regulatory compliance filing under SEBI Listing Regulations and the Companies Act. It does not impact the company's financials or operations. Only specific shareholders with long-unclaimed dividends are affected — they risk losing their shares to the IEPF if they fail to act before November 14, 2025. No material impact on the stock price is expected.