BSEMinimalNeutral
Announced Wed, 25 Jun · 13:05 IST

Copies of Newspaper Advertisements giving Notice to Shareholders for Transfer of Unclaimed Dividend and Equity Shares of the Company to IEPF for the financial year ended March 31, 2018.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

United Breweries Limited (UBL) has published newspaper advertisements in Financial Express (English) and Kannada Prabha (Kannada) on June 25, 2025, notifying shareholders about the upcoming transfer of unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF). Under Section 124(6) of the Companies Act, 2013 and IEPF Rules 2016, shares whose dividends have not been claimed for seven or more consecutive years are to be transferred to IEPF. The next transfer is scheduled for October 22, 2025, covering the final dividend for FY ended March 31, 2018. Shareholders have until September 30, 2025, to submit required documents to the Registrar and Transfer Agent to claim their dividend and prevent share transfer. UBL has already individually notified concerned shareholders at their latest available addresses.

Likely market impact

This is a routine regulatory disclosure with no material impact on the stock price. Shareholders who have not claimed their dividends for FY2017-18 should act promptly before September 30, 2025, to avoid having their shares transferred to the IEPF DEMAT account.