City Union Bank Limited has informed the Exchange about Copy of Newspaper Publication
CUB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
City Union Bank has published a notice in Business Line (English) and Dinamalar (Tamil) informing shareholders about the upcoming transfer of unclaimed dividends and corresponding equity shares from FY 2017-18 to the Investor Education and Protection Fund (IEPF), as required under Section 124(6) of the Companies Act. Shareholders who have not claimed their dividends for seven consecutive years face having their shares transferred to IEPF. Additionally, unclaimed sale proceeds from the 2018 Fractional Bonus Shares Trust will also be moved to IEPF under Section 125(2A). The deadline to claim unpaid dividends and shares is October 6, 2025, while the deadline for fractional bonus proceeds is June 27, 2025. Shareholders can reclaim their holdings later by filing IEPF-5 with the IEPF Authority.
This is a routine regulatory compliance announcement and is not expected to have a material impact on the stock price. Shareholders who have unclaimed dividends or shares from FY 2017-18 should act quickly to claim them before the October 6, 2025 deadline, after which their shares will be transferred to the government-run IEPF account and recovery becomes more cumbersome.