Bharat Road Network Limited has informed the Exchange about General Updates - Reminder Letters sent to shareholders-unclaimed / unpaid Dividend-Final Dividend 2018-19
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Bharat Road Network Limited has sent reminder letters to shareholders who have not yet claimed or received their final dividend for the financial year 2018-19. This is a routine compliance update, as companies are required to periodically remind shareholders about unclaimed dividends. Shareholders who failed to encash or collect their dividend warrants from that year are being notified. The company has informed the stock exchange about this outreach effort to shareholders. Shareholders are advised to check their records and contact the company or its registrar to claim their pending dividend.
No material impact on the stock price. Shareholders with unclaimed dividends from FY 2018-19 should follow up with the company or its registrar to claim their money before it is transferred to the Investor Education and Protection Fund (IEPF).