GALLANTTNSEGallantt Ispat Limited· Steel And Steel ProductsMinimalNeutral
Announced Mon, 15 Jun · 17:19 IST

Notice for transfer of unclaimed dividend and shares to IEPF

GALLANTT · 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
+6.0%1-day move
₹673.00
prior close
₹677.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.0-0.8-1.0+6.0+9.5+6.5+10.5+8.8+5.6-3.3+1.9
Up moveDown movePending
AI summary

Gallantt Ispat has published a newspaper notice (Business Standard and Dainik Jagran) informing shareholders that unclaimed final dividend for FY 2018-19 and equity shares of shareholders who haven't claimed dividends for seven consecutive years are liable to be transferred to the Investor Education and Protection Fund (IEPF). Individual notices have also been sent to affected shareholders.

Likely market impact

Shareholders with unclaimed dividends must act quickly to claim them or risk having their shares permanently transferred to IEPF.