Notice published in the newspapers and reminder letters sent to the shareholders regarding transfer of shares to Investor Education and Protection Fund (IEPF).
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Benares Hotels Ltd has published notices in newspapers (Financial Express in Delhi and Mumbai editions, and Hindustan in Varanasi edition) on June 18, 2025, reminding shareholders about the upcoming transfer of their shares to the Investor Education and Protection Fund (IEPF). The company also sent reminder letters dated June 12, 2025 to shareholders who have not claimed dividends for seven consecutive years starting from the unpaid Final Dividend for FY 2017-18. Affected shareholders have been asked to claim their unpaid dividends on or before August 31, 2025, failing which their shares will be moved to the IEPF Demat Account during FY 2025-26. After transfer, shareholders can reclaim their shares by filing IEPF-5 form with the IEPF Authority. The company's Registrar and Transfer Agent for this process is MUFG Intime India Private Limited.
This is a routine regulatory compliance announcement and does not directly affect active shareholders. Shareholders who have not claimed dividends since FY 2017-18 should act before August 31, 2025 to avoid losing their shares to the IEPF. There is no material impact on the company's operations or stock price.