Pursuant to the provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the copies of the advertisement published in newspapers viz. Business Standard (All Editions) in English and Sakal (Nashik) in regional language on May 23, 2025 regarding Notice of Transfer of equity shares of the Company and unclaimed Final Dividend declared in 2018 to Investor Education and Protection Fund (IEPF).
EVERESTIND · price
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Everest Industries has published newspaper notices on May 23, 2025, in Business Standard (English, all editions) and Sakal Nashik (regional language), informing shareholders about the transfer of unclaimed equity shares and the unclaimed Final Dividend declared in 2018 to the Investor Education and Protection Fund (IEPF). This is a mandatory compliance filing under SEBI's Listing Regulations, typically triggered when dividends remain unclaimed for several years. Shareholders whose dividends from 2018 are still unclaimed, or whose shares are eligible for transfer, are being given notice through this advertisement. The IEPF is a government fund that holds such unclaimed assets, and shareholders can still reclaim them by following the prescribed process.
This is a routine regulatory disclosure with no direct impact on stock price or operations. However, shareholders who have unclaimed dividends from 2018 or whose shares are due for IEPF transfer should act promptly to file claims and avoid losing their assets to the fund.