HEG Limited has informed the Exchange about Copy of Newspaper Publication
HEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HEG Limited has filed copies of newspaper clippings published on 9th May 2025 in Business Standard (English) and Nava Bharat (Hindi) regarding the proposed transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This is a routine compliance notice under IEPF Rules 2016, applicable to shareholders who have not claimed dividends for 7 consecutive years. Unclaimed dividends from FY 2017-18 (Final) through FY 2023-24 are currently lying unclaimed with the company. The FY 2017-18 Final dividend is scheduled for transfer on 23rd August 2025, after which the corresponding shares will also be moved to the IEPF Authority. Concerned shareholders can still claim their dividends by submitting required documents to the company's RTA (MCS Share Transfer Agent Limited) before 23rd August 2025. The company has additionally requested all shareholders to update their KYC, PAN, bank account, and nomination details.
This is a routine regulatory filing with no material impact on the stock price. Only shareholders who have not claimed dividends for 7+ years are affected — they risk losing both their unclaimed dividends and underlying shares if they fail to act before 23rd August 2025. Investors holding HEG shares should ensure their KYC and contact details are updated to avoid missing future communications.