BSEGINI SILK MILLS LTD.MinimalNeutral
Announced Thu, 16 Jul · 14:28 IST

Notice of transfer of unclaimed equity shares to IEPF Authority

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
-3.0%1-day move
₹55.99
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.0-6.5-3.2+6.9-2.6-0.9
Up moveDown movePending
AI summary

Gini Silk Mills has published a newspaper advertisement in English and Marathi informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF). Under Section 124 of the Companies Act, 2013, shares with unclaimed dividends for seven consecutive years will be transferred to IEPF. The company has written individually to concerned shareholders and uploaded the full list on www.ginitex.com. Shareholders can reclaim their shares by submitting Form IEPF-5 to the IEPF Authority.

Likely market impact

Shareholders with unclaimed dividends for 7 years risk losing their shares. Check www.ginitex.com and submit Form IEPF-5 to reclaim them.