Finolex Cables Limited has informed the Exchange about Copy of Newspaper Publication
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Finolex Cables Limited has submitted a copy of the newspaper advertisement published on 2nd July 2025 regarding the transfer of certain equity shares to the IEPF. The notice was published in Financial Express (all editions) and Loksatta (Pune edition), as required under SEBI Listing Regulations. This follows Rule 6 of the IEPF Authority Rules, 2016, which mandates that shares of shareholders who have not claimed dividends for seven or more consecutive years be transferred to the IEPF. Reminder letters have already been sent to the affected shareholders informing them of the impending transfer.
This is a routine regulatory compliance filing with no material impact on the company's operations or financials. Shareholders who have not claimed dividends for over seven years risk having their shares transferred to the IEPF, but they can still reclaim them by following the prescribed process.