Copy of Newspaper publication in relation to transfer of Equity shares to IEPF Authority
Awaiting price reaction for this filing.
The company has published a notice in newspapers regarding the upcoming transfer of certain equity shares to the Investor Education and Protection Fund (IEPF) Authority. This is a routine compliance requirement under the Companies Act, typically covering shares whose dividends have remained unclaimed by shareholders for seven or more consecutive years. The notice is intended to inform concerned shareholders so they can take action before the transfer takes place. Shareholders whose shares are likely to be affected are urged to claim their unpaid dividends and update their details with the company or its registrar. No specific company name, share counts, or transfer dates were disclosed in the filing.
Shareholders with unclaimed dividends for 7+ years risk losing their shares to the IEPF Authority. Affected investors should act quickly to claim dividends and prevent transfer, which can still be reversed later but involves additional paperwork and delays.