Hercules Hoists Limited has informed the Exchange about Copy of Newspaper Publication
Awaiting price reaction for this filing.
Hercules Hoists Limited has submitted copies of a newspaper notice published on June 7, 2025, in Free Press Journal (English) and Navshakti (Marathi). The notice informs equity shareholders that shares related to unpaid or unclaimed dividends for seven consecutive years will be transferred to the Investor Education and Protection Fund (IEPF) Authority. Specifically, shares corresponding to the unpaid final dividend for FY 2017-18 and earlier years are slated for transfer. Shareholders have until September 30, 2025, to claim their shares and dividends by updating KYC and contacting the company's Registrar (Link Intime India Pvt Ltd) before the transfer happens.
Shareholders with old unclaimed dividends from FY 2017-18 or earlier must act before September 30, 2025, or their shares will be transferred to the IEPF. This is a routine regulatory compliance under Section 124(6) and does not affect the company's operations or stock price.