DONEARNSEDonear Industries Limited· Textile ProductsMinimalNeutral
Announced Sat, 12 Jul · 14:18 IST

Donear Industries Limited has informed the Exchange about Copy of Newspaper Publication for IEPF Notice

DONEAR · 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

Donear Industries has published a newspaper advertisement informing shareholders that unclaimed dividends from FY 2017-18 and corresponding shares will be transferred to the Investor Education and Protection Fund (IEPF) on or after September 10, 2025. This action is being taken under Section 124(6) of the Companies Act, 2013, because the final dividend for that year remained unclaimed for seven consecutive years. The company has already individually contacted the affected shareholders, and full details of those shareholders are available on the company's website at www.donear.com. Shareholders can reclaim their shares and dividends by submitting Form IEPF-5 before the September 10, 2025 deadline.

Likely market impact

This is a routine regulatory compliance filing with no material impact on the stock price. However, shareholders who have not claimed their FY 2017-18 dividends must act before September 10, 2025, or risk losing their shares to the IEPF Authority. Existing shareholders who have been regularly receiving dividends are not affected.