General Update - Submission of newspaper advertisement for transfer of equity shares to IEPF.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Choksi Asia Limited has published newspaper advertisements informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF). The advertisements appeared on June 5, 2026 in Mumbai Lakshadeep (Marathi) and Business Standard (English). This action follows Sections 124(6) and 125 of the Companies Act, 2013, along with the IEPF Rules, 2016. Equity shares of shareholders who have not claimed dividends for seven consecutive years will be transferred to the IEPF account on or around September 15, 2026. The company has asked shareholders to update their bank and KYC details with the Registrar, Adroit Corporate Services, to avoid losing their shares.
Shareholders with unclaimed dividends for 7 or more consecutive years risk having their shares transferred to the IEPF, where recovery becomes more difficult. Affected shareholders should urgently update their KYC/bank details and claim pending dividends before the transfer date to retain ownership of their shares.