We enclose herewith the copies of Newspaper Cuttings dated July 22, 2025 of Business Standard (English) and Sakal (Marathi) wherein notice is published to shareholders for transfer of Equity Shares to IEPF.
GULFOILLUB · price
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Gulf Oil Lubricants India Limited has submitted copies of newspaper cuttings from Business Standard (English) and Sakal (Marathi) dated July 22, 2025, publishing a notice to shareholders regarding the mandatory transfer of equity shares to the Investor Education and Protection Fund (IEPF). Under Section 124(6) of the Companies Act, 2013, shares whose dividend has remained unclaimed for seven consecutive years are liable to be transferred to IEPF. This specific notice relates to unclaimed dividends from FY 2017-18, declared at the 10th Annual General Meeting held on September 24, 2018. Individual communications were sent to affected shareholders on July 21, 2025, with a deadline of September 30, 2025 to claim their dividend. The company's Registrar and Transfer Agent, KFin Technologies Limited, will process claims before the due date to prevent transfer of shares to IEPF.
This is a routine regulatory compliance filing and has no direct impact on the stock price. Shareholders with unclaimed dividends from FY 2017-18 must act before September 30, 2025 to claim their dividend; otherwise, their shares will be automatically transferred to IEPF, after which recovery becomes more complex.