GP Petroleums Limited has informed the Exchange about Copy of Newspaper Publication in respect of transfer of shares to the Investor Education and Protection Fund (IEPF).
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Awaiting price reaction for this filing.
GP Petroleums has published a notice in Financial Express (English) and Mumbai Lakshdeep (Marathi) on June 26, 2025, informing shareholders that equity shares whose dividends have remained unclaimed for seven consecutive years (starting from FY 2017-18) are liable to be transferred to the Investor Education and Protection Fund (IEPF). The company has already sent individual reminder letters to affected shareholders, and a list of such shareholders is available on its website. Shareholders must claim their unpaid dividends by submitting required documents to the company's RTA, MUFG Intime India Private Limited, on or before October 22, 2025, failing which shares will be moved to the IEPF account. After transfer, shareholders can reclaim shares only by filing e-Form IEPF-5 with the IEPF Authority.
This is a routine regulatory compliance filing under Section 124(6) of the Companies Act, 2013, and is unlikely to affect the stock price. Shareholders who have not claimed dividends since FY 2017-18 should act before the October 22, 2025 deadline to avoid losing their shares to the IEPF.