Focus Lighting and Fixtures Limited has informed the Exchange regarding 'Intimation of Letter sent to Shareholder regarding transfer of unclaimed Dividend amount pursuant to Section 124 of Companies Act, 2013, to the IEPFA.
FOCUS · price
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Focus Lighting and Fixtures Limited has sent reminder letters to shareholders who have not claimed their interim dividend for FY 2018-19 for seven or more consecutive years. The company has set a deadline of July 03, 2026, for shareholders to claim their unpaid dividends before transferring the amount to the Investor Education and Protection Fund (IEPF) Authority. This is a mandatory compliance under Section 124 of the Companies Act, 2013 and IEPF Rules, 2016. Shareholders can claim their dividend by submitting required documents to the company's Registrar, Bigshare Services Private Limited. Once transferred to IEPF, shareholders will need to file Form IEPF-5 to claim their amount, which is a more complex process.
This is a routine regulatory compliance filing with no direct impact on the company's financial position or stock price. However, affected shareholders risk losing their unclaimed dividend if they do not act before the July 03, 2026 deadline.