Newspaper advertisement - Transfer of Dividend and Equity Shares to IEPF
COROMANDEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Coromandel International Ltd has published newspaper advertisements (Business Standard in English and Nava Telangana in Telugu) on May 27, 2026, notifying shareholders about the proposed transfer of unclaimed dividend amounts and the corresponding equity shares to the Investor Education and Protection Fund (IEPF). This is a mandatory compliance exercise under the IEPF rules, which require companies to transfer unpaid dividends and shares that have remained unclaimed for seven consecutive years to the government-run IEPF. The company has uploaded the advertisements on its website (coromandel.biz) as part of the disclosure requirement.
Shareholders who have unclaimed dividends for seven or more consecutive years risk losing their shares to IEPF. Affected shareholders should immediately claim their pending dividends from the company before the transfer date to retain ownership of their shares. The filing is routine compliance and has no direct impact on the company's financial performance or stock valuation.