CENTENKANSECentury Enka Limited· Textiles - SyntheticMinimalNeutral
Announced Mon, 4 May · 16:13 IST

Century Enka Limited has informed the Exchange regarding 'Specimen copy of reminder letter sent to the shareholders to claim their Equity Shares which otherwise are liable to get transferred to IEPF.'.

CENTENKA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+7.8%1-day move
₹426.75
prior close
₹428.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.0+0.0+0.0+7.8+5.1+3.6+3.1+1.5+1.7+16.2+21.7+23.0
Up moveDown movePending
AI summary

Century Enka Limited has sent reminder letters to shareholders who have not claimed dividends for seven consecutive years (FY 2018-19 to FY 2024-25). Under Section 124(6) of the Companies Act, 2013, shares with unclaimed dividends for 7+ years must be transferred to the Investor Education and Protection Fund (IEPF). Shareholders have until 3rd August 2026 to claim their unpaid dividends, failing which their shares will be transferred to IEPF. The company also reminds shareholders to update their KYC details as per SEBI requirements.

Likely market impact

Shareholders with unclaimed dividends risk losing their shares to IEPF if they don't act before 3rd August 2026. After transfer, they can still claim back through IEPF via e-form IEPF-5, but the process is more complex.