Carborundum Universal Limited has informed the Exchange about Copy of Newspaper Publication pertaining to the proposed transfer of shares to IEPF.
CARBORUNIV · price
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Carborundum Universal Limited has published a notice in newspapers informing shareholders about the proposed transfer of shares to the Investor Education and Protection Fund (IEPF). The IEPF is a government fund where unclaimed shares and dividends are transferred after a specified period of inactivity (typically 7 years). This newspaper publication is a mandatory regulatory step required before any such transfer takes place. Shareholders who had unclaimed dividends or shares that have been lying dormant are being given a final opportunity to claim them before they move to the IEPF.
This is a routine regulatory compliance filing. It does not impact active shareholders. Shareholders with unclaimed shares or dividends should take immediate action to claim them before the transfer deadline to avoid the lengthy IEPF refund process.