Chaman Lal Setia Exports Limited has informed the Exchange about Copy of Newspaper Publication with respect to Transfer of Equity Shares of Company on which Dividend is Unpaid/unclaimed for seven consecutive years to Investor Education and Protection Fund (IEPF)
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Chaman Lal Setia Exports Limited has published a newspaper notice about transferring certain equity shares to the Investor Education and Protection Fund (IEPF). This action applies to shares where dividends have remained unpaid or unclaimed by shareholders for seven consecutive years. The transfer is a routine regulatory requirement under Indian company law and is not related to any business event or financial change at the company. Shareholders whose shares are being moved to the IEPF can still reclaim them by submitting the required documents to the company before the transfer is finalized.
Shareholders who have not claimed their dividends for seven or more years should verify whether their shares are on the transfer list and take immediate action to claim them back. This is a compliance-driven notice and is unlikely to have any material impact on the company's stock price or business operations.