Bharat Rasayan Limited has informed regarding Disclosure of material issue

BHARATRAS · price

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₹1392.00

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AI summary

Bharat Rasayan Limited has informed the stock exchange about sending notices to shareholders whose shares are at risk of being transferred to the Investor Education and Protection Fund (IEPF). This transfer is mandated under Section 124(6) of the Companies Act, 2013 when dividends remain unclaimed for seven consecutive years. The company has identified shareholders with unclaimed dividends from Final Dividend 2018-2019 through Final Dividend 2024-2025. Shareholders have been given until August 31, 2026 to claim their outstanding dividends, failing which their shares will be transferred to IEPF. The company has uploaded the notice and list of affected shareholders on its website at www.bharatgroup.co.in.

Likely market impact

For affected shareholders: Immediate action is required to claim unclaimed dividends before August 31, 2026, or their shares will be transferred to IEPF and can only be recovered through a cumbersome e-form IEPF-5 process. For other shareholders: No direct impact as this is a routine compliance filing.