Newspaper Advertisement regarding transfer of unclaimed and unpaid dividend amounts for the Financial year 2017-18 and underlying equity shares to IEPF.
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Comfort Fincap Ltd has published a newspaper advertisement notifying shareholders about the upcoming transfer of unclaimed and unpaid dividends for the Financial Year 2017-18 to the Investor Education and Protection Fund (IEPF). The underlying equity shares of shareholders who have not claimed their dividends will also be transferred to the IEPF. This action is being taken as per the requirements of the Companies Act, 2013, and the relevant IEPF rules. Shareholders are urged to claim their pending dividends and update their records before the transfer takes place. The notice serves as a final reminder to affected shareholders to take timely action.
This is a routine regulatory compliance filing and is unlikely to have any material impact on the company's operations or stock price. However, shareholders who have unclaimed dividends from FY 2017-18 should act promptly to claim them, as unclaimed dividends and corresponding shares will be moved to the IEPF after the deadline, though they can still be reclaimed from IEPF by following the prescribed process.