Hinduja Global Solutions Limited has informed the Exchange about Copy of Newspaper Publication for transfer of Equity Shares of the Company to Investor Education and Protection Fund.
HGS · price
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Awaiting price reaction for this filing.
Hinduja Global Solutions Limited (HGS) has submitted to the stock exchanges copies of newspaper notices published in Business Standard and Sakal regarding the proposed transfer of equity shares to the Investor Education and Protection Fund (IEPF). Under Indian company law, shares belonging to shareholders who have not claimed dividends for seven or more consecutive years must be transferred to the IEPF, and companies are required to publish newspaper advertisements to alert such shareholders before the transfer. Shareholders who believe their shares are affected should take prompt action to update their details and claim pending dividends to avoid losing ownership. The filing was signed by Narendra Singh, Company Secretary, on July 25, 2025.
This is a routine regulatory compliance filing and is unlikely to affect the stock price. However, shareholders who have unclaimed dividends for 7+ years should verify whether their shares are being transferred to IEPF and act quickly to prevent the transfer, as reclaiming shares from IEPF later is a lengthy process.