BESTAGROBSEBEST AGROLIFE LIMITEDMinimalNeutral
Announced Mon, 20 Jul · 15:55 IST

Notice to shareholders: Unclaimed FY19 dividends to move to IEPF

BESTAGRO · price

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

Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹15.58
prior close
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-2.1-2.6-1.2+2.6-0.9
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AI summary

Best Agrolife has published newspaper ads in Financial Express and Jansatta and sent letters to shareholders who did not claim the final dividend for FY2018-19. Under Section 124 of the Companies Act 2013, dividends unclaimed for 7 consecutive years must be transferred to the Investor Education and Protection Fund. Shareholders must claim by October 27, 2026, after which both unpaid dividends and corresponding shares will move to the IEPF Authority Demat Account. Full details of affected shareholders are available on the company website.

Likely market impact

Procedural notice. Shareholders with unclaimed FY19 dividends must act by October 27, 2026, or risk losing shares to the IEPF.