Force Motors: Notice for IEPF transfer of shares
FORCEMOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Force Motors has informed exchanges that it has completed sending intimation letters to shareholders whose shares are due for transfer to the IEPF Authority DEMAT account due to unclaimed dividends for seven consecutive years (from FY2018-19 onwards). The company also published notices in Financial Express (English) and Loksatta (Marathi) newspapers. Shareholders must claim unpaid dividends on or before 30th September 2026, failing which their shares will be transferred to the IEPF DEMAT account under Section 124(6) of the Companies Act, 2013 and IEPF Rules 2016. Shares can later be reclaimed via Form IEPF-5.
No material impact on stock price; routine regulatory compliance. Shareholders with unclaimed dividends for 7 plus years must act by 30 Sept 2026 or lose shares to IEPF.