Greaves Cotton Limited has informed the Exchange regarding 'Reminder letter sent to the concerned shareholders for claiming dividend/transfer of equity shares of Greaves Cotton Limited held by them to Investor Education and Protection Fund (IEPF)'.
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Greaves Cotton has sent reminder letters to shareholders whose dividends have remained unclaimed for seven or more consecutive years, warning that their shares will be transferred to the Investor Education and Protection Fund (IEPF) if they do not act. The reminder specifically relates to the unclaimed final dividend for Financial Year 2017-18, with a claim deadline of 18th September 2025 (and a preferred action date of 29th August 2025). Shareholders holding shares in physical or demat form are required to submit KYC documents and an undertaking to the company or its registrar KFin Technologies to claim the amount. If shareholders fail to claim, their original share certificates will be deemed cancelled and the shares will be transferred to the IEPF Authority.
This is a routine regulatory compliance filing under Section 124(6) of the Companies Act, 2013 and has no material impact on the company's operations or stock price. It only affects specific shareholders with long-unclaimed dividends, urging them to take action before the deadline to avoid losing their shares.