GACL notifies shareholders about unclaimed dividends and possible IEPF share transfer

GUJALKALI · 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

-2.2%1-day move

₹627.00

prior close

₹630.00

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After-mkt

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AI summary

Gujarat Alkalies and Chemicals Ltd has sent letters to shareholders whose dividends have remained unclaimed for seven or more consecutive years, from FY 2018-19 to FY 2024-25. Under Section 124(6) of the Companies Act 2013, shares linked to unclaimed dividends will be transferred to the Investor Education and Protection Fund Authority if not claimed by 29 October 2026. Affected shareholders must update KYC and contact the RTA, MUFG Intime India Private Limited, to claim their dividends and avoid transfer of shares to IEPF.

Likely market impact

Only specific shareholders with 7+ years of unclaimed dividends from FY 2018-19 onwards are affected; they risk losing their shares to IEPF after the 29 October 2026 deadline.