BSEDeepak Spinners Ltd-$MinimalNeutral
Announced Wed, 1 Jul · 14:36 IST

Reminder to shareholders on unclaimed dividends and IEPF share transfer

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹131.00
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+6.9+5.8+6.7+2.7+4.5+5.3
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AI summary

Deepak Spinners has sent reminder letters by speed post to shareholders who have not claimed their dividends for seven consecutive years. Their equity shares are liable to be transferred to the IEPF Authority. The company filed this intimation with BSE under SEBI Listing Regulations to inform the exchange about the action taken.

Likely market impact

Shareholders with 7 years of unclaimed dividends risk losing their shares as they will be transferred to the IEPF Authority unless claimed soon.