Diamines & Chemicals Limited has informed the Exchange about copies of Notice published in Business Standard (English newspaper) and Vadodara Samachar (Gujarati newspaper) regarding transfer of shares of the Company to the investor Education and Protection Fund (IEPF).
DIAMINESQ · price
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Diamines & Chemicals Limited has published notices in Business Standard (English) and Vadodara Samachar (Gujarati) informing shareholders about the transfer of certain shares to the Investor Education and Protection Fund (IEPF). Under Indian company law, shares belonging to shareholders who have not claimed dividends for seven consecutive years are moved to the IEPF. This is a routine compliance filing required by the Ministry of Corporate Affairs rules.
This is a standard regulatory communication and not a material corporate action. Shareholders who have unclaimed dividends or inactive folios should act promptly to prevent their shares from being transferred to the IEPF, but it is unlikely to affect the stock price.