GE Power India Limited has informed the Exchange about General Updates
GVPIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GE Power India Limited has sent a reminder notice to shareholders whose dividends from financial years 2017-18, 2018-19, 2019-20 and 2020-21 remain unclaimed. Under Section 124(6) of the Companies Act 2013, shares linked to dividends unpaid for seven consecutive years must be transferred to the Investor Education and Protection Fund (IEPF). Affected shareholders have until 20 August 2025 to claim their unpaid dividends by submitting documents to the company's registrar, KFin Technologies Limited. After this date, the equity shares will be moved to the IEPF Demat Account, and shareholders will lose their claim. The company noted that no dividends were declared for FY 2021-22, 2022-23 and 2023-24, and unpaid dividends up to FY 2016-17 were already transferred to IEPF.
This is a routine regulatory compliance update with no direct impact on the company's financials or share price. Shareholders who have unclaimed dividends from the specified years should act before 20 August 2025 to avoid having their shares permanently transferred to the IEPF.