BirlaNu Limited has informed the Exchange about General Updates
BIRLANU · price
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BirlaNu Limited (formerly HIL Limited) has issued a reminder notice to shareholders regarding unclaimed Final Dividend for FY 2018-19. Under Section 124(6) of the Companies Act, 2013, unclaimed dividends and corresponding equity shares must be transferred to the IEPF Authority after seven consecutive years. The transfer deadline is August 27, 2026, and shareholders have until August 20, 2026 to submit claims. The notice requests shareholders to update their KYC details, bank account information, and nomination details with the RTA (Venture Capital and Corporate Investments Pvt. Ltd.) to facilitate dividend payment. Once transferred to IEPF, claims can only be filed through the MCA portal. This is a mandatory regulatory compliance exercise, not a company-specific financial event.
This is a routine compliance notice and has no direct impact on the company's financial health or stock price. Affected shareholders risk losing dividend income and voting rights on transferred shares if they do not act before August 20, 2026.