Announced Tue, 30 Jun · 20:23 IST
GIC Re: Notice on unclaimed dividend and share transfer to IEPF
Compliance View source PDF
GICRE · price
▲ 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
-1.1%1-day move
₹363.65
prior close
₹363.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.4-0.2-0.3-1.1-0.9-0.8-0.3-1.8+0.4-0.9———
Up moveDown movePending
AI summary
GIC Re published a newspaper notice asking shareholders to claim unclaimed dividends. Shares with unclaimed dividends for seven or more consecutive years from FY 2018-19 will be transferred to IEPF Authority. Deadline for claiming unpaid dividend for FY 2018-19 is October 1, 2026. After this date, both dividends and underlying shares will be transferred to IEPFA. Shareholders must update KYC details and PAN with the Registrar.
Likely market impact
Shareholders with unclaimed FY 2018-19 dividends must claim by October 1, 2026 or face transfer of their equity shares to IEPF Authority.