Notice Published in Newspaper(s) for transfer of Equity Shares of the Company to IEPF.
HSCL · price
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Himadri Speciality Chemical has published newspaper notices informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF). Under Section 124(6) of the Companies Act, 2013, shares whose dividends have remained unclaimed for 7 or more consecutive years must be moved to the IEPF. The company declared its dividend for the financial year ended 31 March 2018 at the AGM on 4 September 2018, and that unclaimed dividend, along with corresponding shares, is set to be transferred to the IEPF on 10 October 2025. Shareholders who have not yet claimed their dividend for FY2018 and onwards have been asked to submit claims by 9 October 2025 to avoid losing their shares. The notices were published in Financial Express (English), Arthik Lipi (Bengali), and Jansatta (Hindi).
This is a routine regulatory compliance notice and is unlikely to affect the stock price. Shareholders with unclaimed dividends from FY2018 must act before 9 October 2025 to retain their shares, or risk having those shares permanently transferred to the IEPF.