EPL Limited has informed the Exchange about General Updates regarding Intimation with respect to dispatch of the letter in terms of the provisions of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
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EPL Limited has dispatched letters to shareholders who have not claimed or encashed dividends declared by the company from FY 2017-18 onwards, in compliance with Rule 6(3) of the IEPF Authority Rules, 2016. Shareholders have been requested to claim their unpaid dividends from the company or its Registrar & Share Transfer Agent, Bigshare Services Private Limited. If unclaimed, both the dividends and the corresponding equity shares are liable to be transferred to the Investor Education and Protection Fund (IEPF). The record date fixed for identifying such unpaid/unclaimed dividends is July 10, 2025, with the actual transfer to IEPF scheduled to happen on or after August 19, 2025.
This is a routine regulatory compliance filing with no direct impact on the stock price. However, shareholders holding EPL shares with unclaimed dividends from FY 2017-18 should act before the July 10, 2025 record date by submitting the required forms (ISR-1, SH-13) and bank details to Bigshare Services to avoid losing their shares to the IEPF, where recovery becomes significantly more difficult.