Biocon Limited has informed the Exchange about Copy of Newspaper Publication
BIOCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Biocon Limited has published newspaper advertisements informing shareholders about the transfer of unpaid/unclaimed dividends for Financial Year 2018-19 and corresponding equity shares to the Investor Education and Protection Fund (IEPF). Under Section 124(6) of the Companies Act, 2013, dividends remaining unpaid or unclaimed for 7 consecutive years must be transferred to IEPF along with the underlying shares. The deadline for shareholders to claim their FY 2018-19 dividend is August 20, 2026, to avoid transfer. Shareholders holding physical shares will have their certificates automatically cancelled upon conversion and transfer, while demat shareholders will have shares transferred directly from their accounts to IEPF.
Shareholders who have not yet claimed their FY 2018-19 dividend should act before August 20, 2026, to prevent losing both their unclaimed dividend amount and the corresponding shares. After this date, no claims can be made against the Company, and recovery must be pursued through the IEPF Authority.