Cholamandalam Investment and Finance Company Limited has informed the Exchange about Copy of Newspaper Publication on proposed transfer of shares to IEPF.
CHOLAFIN · price
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Awaiting price reaction for this filing.
Cholamandalam Investment and Finance Company has published a notice in newspapers regarding its plan to transfer certain shares to the Investor Education and Protection Fund (IEPF). This is a standard regulatory requirement under the Companies Act, applicable to shares where the shareholder has not claimed dividends or had any activity for seven consecutive years. The notice gives affected shareholders a final opportunity to claim their shares and pending dividends before the transfer takes place.
This is a routine compliance filing and typically has no material impact on the stock price. However, shareholders who have not claimed dividends or updated their details with the company for several years should act promptly to avoid losing their shares to the IEPF.