Force Motors: Notice on transfer of shares to IEPF for unclaimed dividends

FORCEMOT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-3.1%1-day move

₹17966.00

prior close

₹17621.00

base price

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AI summary

Force Motors has sent reminder letters and published newspaper ads in Financial Express and Loksatta to shareholders whose dividends have been unclaimed for seven or more years since FY2018-19. Such shareholders must claim dividends on or before 30 September 2026, failing which their equity shares will be transferred to the IEPF Authority demat account under Section 124(6) of the Companies Act 2013. Affected shareholders can later claim shares back using Form IEPF-5. The list of impacted shareholders is available at www.forcemotors.com.

Likely market impact

Procedural compliance notice. Only affects shareholders with 7 or more years of unclaimed dividends who must act by 30 Sept 2026 or risk losing shares to IEPF.