Eveready Industries India Limited has informed the Exchange about Letter to Shareholders and Newspaper Publication for Transfer of Shares to Demat Accountof Investor Education and Protection Fund authority (IEPF Authority)
EVEREADY · price
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Eveready Industries India Limited has informed the stock exchanges about sending letters to shareholders and publishing a newspaper notice regarding the transfer of equity shares to the Demat Account of the Investor Education and Protection Fund (IEPF) Authority. This action applies to shareholders who have not claimed their dividends for seven or more consecutive years, starting from financial year 2017-18, as required under Section 124(6) of the Companies Act, 2013. The last date for affected shareholders to claim their unpaid dividend for FY 2017-18 is September 6, 2025, and they have been asked to act by August 31, 2025, to prevent the transfer. Affected shareholders can still reclaim their shares later by filing IEPF-5 form on the IEPF website. The Registrar and Transfer Agent handling this is Maheshwari Datamatics Private Limited.
This is a routine regulatory compliance announcement with no direct impact on the stock price. Only shareholders who have not claimed dividends for 7+ years are affected, and they will lose ownership of those shares to the IEPF Authority if they do not act before the deadline, though they can later reclaim via IEPF-5.