CARYSIL LIMITED has informed the Exchange about General Updates
CARYSIL · price
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Carysil Limited has begun sending individual letters to shareholders whose dividends have remained unclaimed for seven consecutive years (FY 2017-18 onwards), as required under Section 124(6) of the Companies Act, 2013 and the IEPF Rules. These shareholders have been given until October 31, 2025, to claim their unpaid dividends; otherwise, both the unclaimed dividends and the corresponding equity shares will be transferred to the Investor Education and Protection Fund (IEPF) Authority. The letter outlines the steps shareholders need to take — for demat holders, updating bank details with their depository; for physical holders, submitting forms ISR-1, ISR-2, and ISR-3/SH-13 along with KYC documents to the registrar Bigshare Services. The company has also reminded all shareholders to update their KYC details (PAN, nomination, bank account, email, mobile) with the RTA, since from April 1, 2024, all dividend payments are made only via electronic bank transfer per SEBI directives.
This is a routine regulatory compliance disclosure and is unlikely to have any direct impact on the stock price. It only affects shareholders who have not claimed dividends since FY 2017-18 — they risk losing both their dividends and shares to the IEPF if they fail to act by the October 31, 2025 deadline.