Newspaper Advertisement for shares transfer in to IEPF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ecoplast Limited has filed a newspaper advertisement published on 3rd May 2025 in The Indian Express and Financial Express regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF). Pursuant to Section 124(6) of the Companies Act, 2013, shares belonging to shareholders who have not encashed dividends for seven consecutive years (FY 2017-18 onwards) are liable to be transferred to the IEPF DEMAT Account. Individual communications have already been sent to affected shareholders at their registered addresses. Shareholders must respond by 31 July 2025 to prevent the transfer; otherwise, the company will proceed with the transfer by October 2025. Physical share certificates will be automatically cancelled and deemed non-negotiable upon transfer.
This is a routine regulatory compliance filing and does not affect the company's operations or stock price. Shareholders who have not claimed dividends for seven or more years should act promptly to prevent their shares from being transferred to IEPF, from which recovery is more cumbersome.