Enclosed the copy of the publication of news paper in connection with the proposed transfer of equity shares to IEPFA.
CHOLAFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cholamandalam Investment and Finance Company has published a notice informing shareholders about the proposed transfer of equity shares to the IEPF demat account, as required under Section 124(6) of the Companies Act, 2013 and IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016. Specifically, shares underlying unclaimed dividends for seven or more consecutive years for FY 2018-19 are subject to transfer, with the deadline set for September 3, 2026. Shareholders have until August 17, 2026 to submit requisite documents and claim their dividends. The full list of affected members (with folio number, DP ID/Client ID, and share count) has been uploaded on the company's website. Both unclaimed dividends and shares transferred to IEPF can be claimed back from the IEPF Authority by following the prescribed procedure.
The filing is a routine compliance announcement with no direct negative impact on the stock. Shareholders with unclaimed dividends from FY 2018-19 should act by August 17, 2026 to avoid their shares being transferred to IEPF.