Hikal Limited has informed the Exchange about Submission of copy of reminder letters sent to shareholders regarding unclaimed interim dividend 2018-19 and subsequent newspaper publication
HIKAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hikal Limited has submitted to the stock exchange copies of reminder letters sent to shareholders who have not claimed their interim dividend for the financial year 2018-19. The company has also published the notice in newspapers, in line with standard regulatory practice. This is a routine compliance filing aimed at helping shareholders claim their pending dividends. Under SEBI rules, dividends that remain unclaimed for several years are eventually transferred to the Investor Education and Protection Fund (IEPF).
Shareholders who are yet to collect their 2018-19 interim dividend should do so promptly to avoid losing the money to the IEPF. This is a routine procedural disclosure and is unlikely to have any direct impact on the stock price.