Notice to shareholders - Unclaimed dividends and equity shares liable to be transferred tothe Investor Education and Protection Fund ( IEPF ) Authority for the financial year 2018-19
GRINDWELL · price
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Grindwell Norton Limited has issued a notice to shareholders regarding unclaimed dividends and equity shares that are liable to be transferred to the IEPF Authority. The company has sent reminder letters to shareholders whose dividends have remained unpaid for seven consecutive years or more (covering FY 2018-19 to FY 2024-25). The last date to claim these dividends is September 1, 2026. The company has published newspaper advertisements in Financial Express (English) and Loksatta (Marathi) as part of this compliance requirement under Section 124(6) of the Companies Act, 2013 and IEPF Rules, 2016. Shareholders holding physical shares will receive new share certificates before transfer, and shareholders in demat form will have shares transferred via corporate action to the IEPF Authority demat account. The RTA is MUFG Intime India Private Limited.
This is a routine regulatory compliance filing. Affected shareholders risk losing their unclaimed dividends and having their shares transferred to IEPF if they do not respond by September 1, 2026. No direct impact expected on the stock price for other shareholders.