Bharat Road Network Limited has informed the Exchange about copy of reminder letter sent to shareholders who have not claimed their dividend(s) and whose shares are liable for transfer to the IEPF Authority pursuant to Section 124(6) of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules,2016, as amended from time to time.
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Bharat Road Network Limited has sent reminder letters to shareholders who have not claimed their final dividend for FY 2017-18, declared at the AGM held on 28th September 2018. Since the dividend has remained unclaimed for seven years, both the unclaimed dividend amount and the underlying shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority. Shareholders have been asked to submit their claim with KFin Technologies (the company's RTA) on or before 2nd November 2025, failing which the shares will be moved to IEPF by 1st December 2025. The notice also reminds shareholders to update their PAN, bank account, email, and address details with the RTA or their depository participant.
This is a routine regulatory compliance filing and does not directly affect the stock price. Shareholders who fail to claim their dividend by the deadline risk losing both the dividend and their shares to the IEPF Authority, though they can later apply for a refund under the prescribed rules.