Honda India Power Products Limited has informed the Exchange about Copy of Newspaper Publication
HONDAPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Honda India Power Products has published a notice in Financial Express (All India Editions) and Jansatta (Delhi Edition) on June 12, 2025, regarding the upcoming transfer of certain shares to the Investor Education and Protection Fund (IEPF). This action is being taken under Section 124(6) of the Companies Act, 2013, which requires shares with unclaimed dividends for seven consecutive years to be moved to the IEPF. The company had already sent individual notices to the affected shareholders on June 11, 2025, at their registered addresses and uploaded the full list on its website (www.hondaindiapower.com). Shareholders have until September 12, 2025, to claim their dividends or update their details. If no response is received, the company will proceed to transfer the eligible shares to the IEPF Authority. The company's registrar, Mas Services Limited, is the point of contact for any shareholder queries.
This is a routine regulatory compliance disclosure with no impact on the stock price. However, shareholders who have not claimed dividends for seven or more consecutive years risk losing their shares to the IEPF unless they act before the September 12, 2025 deadline. To recover shares later transferred to IEPF, shareholders would need to follow a separate refund claim process, which is time-consuming and involves additional fees.