We submit herewith copy of notices sent to the shareholders, who have not claimed or encashed their dividend for seven or more consequent years.
DIAMINESQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Diamines & Chemicals Ltd has sent notices to shareholders who have not claimed or encashed dividends for seven or more consecutive years. The company is required under Section 124(6) of the Companies Act, 2013 to transfer shares to the Investor Education and Protection Fund (IEPF) if dividends remain unclaimed for 7 consecutive years. The notice covers unclaimed dividends from financial years 2018-2019 through 2024-2025. Affected shareholders have until August 31, 2026 to claim their unpaid dividends and avoid transfer of their shares to IEPF. The company has also reminded physical shareholders to update their KYC details.
Shareholders who fail to claim dividends by the deadline risk having their shares permanently transferred to IEPF, after which recovery requires filing claims with the IEPF Authority directly.