Newspaper Advertisement regarding the transfer of Equity Shares of the Company to the demat account of IEPF Authority.
BRITANNIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Britannia Industries has published a newspaper notice informing shareholders that equity shares whose dividends have remained unpaid or unclaimed for seven consecutive years will be transferred to the Investor Education and Protection Fund (IEPF) Authority. The notice specifically relates to the final dividend declared for FY 2018-19, along with the corresponding shares of shareholders who did not claim it. The company has sent individual communications to affected shareholders, and the full list is available on its website. Concerned shareholders have until 31 August 2026 to submit their claim documents to the Registrar and Share Transfer Agent, KFin Technologies Limited, failing which the shares will be moved to the IEPF Authority's demat account. For physical shares, the original certificates will be automatically cancelled upon transfer, while dematerialised shares will be moved via a corporate action.
This is a routine regulatory compliance filing under the Companies Act, 2013 and is unlikely to have any direct effect on the stock price. Shareholders who have not claimed their dividends since FY 2018-19 should act before 31 August 2026 to recover their shares, after which the shares will be locked in the IEPF and can only be reclaimed by applying to the IEPF Authority.