Berger Paints (I) Limited has informed the Exchange about General Updates
BERGEPAINT · price
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Berger Paints India Limited has submitted to the stock exchanges copies of a newspaper notice published on 21 May 2025 in Business Standard (English) and Aajkaal (Bengali), under SEBI LODR Regulation 30. The notice informs shareholders that equity shares whose dividends have remained unclaimed for seven consecutive years will be transferred to the Investor Education and Protection Fund (IEPF) Authority, in line with Section 124(6) of the Companies Act, 2013 and the IEPF Rules, 2016. Specifically, the final dividend declared for the financial year ended 31 March 2018 is scheduled for transfer on 7 September 2025. Shareholders who wish to avoid the transfer must submit their claims along with the required forms (ISR-1, ISR-2, ISR-3 / SH-13 / SH-14) to the Registrar, C B Management Services (P) Ltd, by 1 August 2025. Physical share certificates, if any, will be cancelled and replaced with new ones issued in the name of IEPF upon transfer.
This is a routine regulatory disclosure with no impact on the company's business, financials, or stock price. It only concerns shareholders who have not claimed dividends for 7+ years; they should act before 1 August 2025 to recover their shares and unclaimed dividends.