DOLATALGONSEDolat Algotech LimitedMinimalNeutral
Announced Mon, 12 May · 12:58 IST

Dolat Algotech Limited has informed the Exchange about Copy of Newspaper Publication pertaining to Notice of transfer of equity shares of the Company to Investor Education and Protection Fund (IEPF) that are published in Financial Express (English newspaper - All editions) and Financial Express (Gujarati newspaper - Ahmedabad / Gandhinagar edition) on 12th May, 2025

DOLATALGO · 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

Awaiting price reaction for this filing.

AI summary

Dolat Algotech Limited has published a notice in Financial Express (English – all editions and Gujarati – Ahmedabad/Gandhinagar edition) on 12th May 2025 regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF). This action is being taken under Section 124(6) of the Companies Act, 2013, read with the IEPF Rules 2016, and applies to shares whose interim dividend declared in FY 2018-19 has remained unclaimed or unpaid for seven consecutive years. The company has already sent individual notices to the concerned shareholders and has uploaded the relevant shareholder details on its website (www.dolatalgotech.in). Shareholders must submit valid claims on or before 20th August 2025, failing which the company will transfer the shares and unclaimed dividend to the IEPF Authority without further notice. Claimants can later retrieve the shares by filing Form IEPF-5 online.

Likely market impact

This is a routine compliance notice and does not affect the company's operations or financials. Shareholders who have not claimed dividends since FY 2018-19 risk losing their shares to IEPF if they do not act before 20th August 2025.