DYNPROBSEDynemic Products LtdMinimalNeutral
Announced Wed, 24 Jun · 15:22 IST

Notice to shareholders on transfer of unclaimed shares to IEPF

DYNPRO · 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 14 horizons · vs prior close
+3.0%1-day move
₹227.50
prior close
₹234.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+3.0+3.3+6.4+7.7+4.8+3.7+2.0+1.4
Up moveDown movePending
AI summary

Dynemic Products has published a newspaper ad informing shareholders that equity shares with unclaimed or unpaid dividends for 7 consecutive years (since FY 2018-19) will be transferred to the Investor Education and Protection Fund (IEPF). This is per Section 124(6) of the Companies Act 2013 and IEPF Rules 2016. A list of affected shareholders is on the company website. Shareholders can claim by contacting RTA Bigshare Services before the due date. Post transfer, no claim lies against the company, but shares can be reclaimed from IEPF authority at www.iepf.gov.in.

Likely market impact

Routine compliance. Shareholders with unclaimed dividends since FY 2018-19 should act quickly with RTA to claim shares before IEPF transfer.