Gujarat Alkalies and Chemicals Limited has informed the Exchange about Copy of Newspaper Publication Copies of Notices published in News paper in respect of proposed transfer of equity shares to Investor Education and Protection Fund (IEPF) Authority
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Gujarat Alkalies and Chemicals Limited (GACL) has published notices in Financial Express (English and Gujarati editions) regarding the proposed transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This applies to shareholders who have not claimed or encashed dividends for seven consecutive years, starting with Financial Year 2017-18. The company sent individual letters by Speed Post on June 16, 2025 to affected shareholders, giving them until October 28, 2025 to claim their unpaid dividends. If no claim is made, the shares will be transferred to IEPF Authority within 30 days after the deadline. Full details of affected shareholders and shares are available on the company's website.
This is a routine regulatory compliance filing under Section 124(6) of the Companies Act, 2013, with no material impact on the stock price. Only shareholders with unclaimed dividends since FY 2017-18 are affected, and they can still reclaim their shares from IEPF by following the prescribed procedure later.