Newspaper Publication for Notice to the Members of the Company who have not claimed Dividend from financial year 2017-18 onwards and whose Dividend and Equity Shares are to be transferred ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cravatex Limited has published a notice in Business Standard (English) and Sakal (Marathi) newspapers on 6th June 2025, informing shareholders whose dividends have remained unclaimed for seven consecutive years from FY 2017-18 onwards. As per Sections 124(5) and 124(6) of the Companies Act, 2013, the company is required to transfer such unpaid dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF). Shareholders have been given until 15th September 2025 to claim their unpaid dividends and prevent the transfer. The company has uploaded details of affected shareholders on its website and individual notices have been sent to them at their last available address.
This is a routine regulatory compliance filing and does not directly affect the company's operations or stock price. Shareholders who have not claimed their dividends since FY 2017-18 should act before 15th September 2025 to avoid having their shares transferred to the IEPF, after which they would need to file e-form IEPF-5 with the IEPF Authority to reclaim them.