Cummins India Limited has informed the Exchange about Copy of Newspaper Publication for Notice to shareholders in respect of transfer of shares of the Company to Investor Education and Protection Fund (IEPF)
CUMMINSIND · price
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Cummins India has published a notice in newspapers informing shareholders about the transfer of certain shares to the IEPF, as required under Indian company law. This typically applies to shares belonging to shareholders who have not claimed dividends or communicated with the company for the last seven consecutive years. The notice serves as a final reminder before the shares are moved to the IEPF account. Shareholders are urged to take timely action to claim their shares and any pending dividends to avoid the transfer.
Shareholders who have been inactive or have unclaimed dividends face the risk of their shares being permanently transferred to the IEPF. No material impact on the stock price is expected, but investors should verify their holdings and update their contact and bank details with the company or via their depository account.