Bharat Petroleum Corporation Limited has informed the Exchange about Copy of Newspaper Publication
BPCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BPCL has informed the stock exchanges that it published notices in Times of India (all editions) and Maharashtra Times on 27th June 2025 about transferring certain equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action follows Section 124 of the Companies Act, 2013, and the IEPF Rules, which require shares whose dividends remain unclaimed for seven straight years to be moved to the IEPF. The notice specifically mentions the Final Dividend for 2017-18, declared on 11 September 2018, with a last claim date of 13 October 2025 and shares set to transfer after 16 October 2025. Affected shareholders have already been contacted individually, and the full list is available on BPCL's website. Once transferred, any future benefits on those shares, including unclaimed dividends, will also vest with the IEPF Authority.
Shareholders who have not claimed their 2017-18 final dividend or earlier dividends must act before 13 October 2025 to avoid losing their shares to the IEPF. This is a routine compliance filing with no impact on the company's operations or stock price, but individual shareholders with old, dormant holdings should check the BPCL website to confirm whether their shares are on the transfer list.