Please find the enclosed Newspaper Publication copies of notice given to shareholders regarding transfer of shares to the Investor Education and Protection Fund published in ''Business ....
ELCIDIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Elcid Investments has submitted copies of newspaper advertisements published on June 12, 2025 in Business Standard (English) and Mumbai Lakshadeep (Marathi) to BSE. The notice informs shareholders that equity shares of those who have not claimed dividends for seven consecutive years will be transferred to the Investor Education and Protection Fund (IEPF) under Section 124(6) of the Companies Act, 2013. Shareholders are advised to claim their dividends and update their KYC details with the company's Registrar, MUFG Intime India Private Limited, before the shares are moved. The company has also made this information available on its website (elcidinvestments.com/unclaimed-dividends/). This is a routine SEBI Listing Regulation 30 compliance submission.
No material impact on the stock. Shareholders who have not claimed dividends for 7 or more years risk losing their shares to the IEPF if no action is taken, but the filing itself is a standard regulatory disclosure.