Donear Industries Limited has informed the Exchange about Copy of Newspaper Publication regarding transfer of shares to Investor Education and Protection Fund (IEPF )Authority.
DONEAR · price
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Donear Industries has informed the stock exchange about publishing a notice in newspapers concerning the transfer of certain shareholders' shares to the Investor Education and Protection Fund (IEPF) Authority. Under Indian law, shares are moved to the IEPF when shareholders have not claimed their dividends for seven or more consecutive years. The newspaper notice is a mandatory step to alert affected shareholders before the transfer takes place. Shareholders whose shares are being moved can still claim them back by filing an application with the IEPF Authority.
Shareholders who have not claimed dividends from Donear for 7 or more years risk losing their shares to the IEPF. They should verify if their name appears on the company's list and promptly submit a claim to recover their shares before the transfer deadline.