Gallantt Ispat Limited has informed the Exchange about Copy of Newspaper Publication
GALLANTT · price
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Awaiting price reaction for this filing.
Gallantt Ispat Limited has submitted copies of newspaper publications to the stock exchanges as required under regulatory rules. The company published notices in Business Standard (English) and Aaj (Hindi) on June 17, 2025, informing shareholders about the transfer of unclaimed final dividend for FY 2017-18 and corresponding equity shares to the Investor Education and Protection Fund (IEPF). Individual notices have also been sent to concerned shareholders. Shareholders have until September 30, 2025 to claim their unpaid dividends, after which both the unclaimed dividend amount and the underlying equity shares will be transferred to IEPF without further notice. The company is complying with Section 124(6) of the Companies Act, 2013, and the IEPF Rules, 2016.
This is a routine compliance filing with no material impact on the stock. Shareholders who have not claimed their FY 2017-18 dividend for seven consecutive years risk losing both the dividend and their shares to the IEPF if they do not act before September 30, 2025. Affected shareholders should contact the company's RTA (Niche Technologies) or the Company Secretary to claim their holdings.