Cupid Limited has informed the Exchange about General Updates on IEPF notice to shareholders.
CUPID · price
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Cupid Limited has informed the stock exchanges that it has sent notices to shareholders who have not claimed their Final and Special Dividend for the financial year 2017-18 for seven consecutive years. Under Section 124(6) of the Companies Act, 2013, these shareholders are at risk of having their shares transferred to the IEPF Authority's demat account. The deadline to encash the unclaimed dividend is November 2, 2025; failing this, both the unpaid dividend and the corresponding shares will be moved to the IEPF within 30 days. The full list of affected shareholders has been uploaded to the company's website (www.cupidlimited.com). Shareholders can reclaim their shares and dividends later by following the IEPF refund procedure, or may contact the company's registrar Bigshare Services for queries.
This is a routine regulatory compliance announcement. Shareholders who haven't claimed dividends since FY2017-18 should act quickly to avoid losing their shares to the IEPF. No material impact on the company's operations or stock price is expected.