Newspaper Publication - Transfer of Shares to IEPF
HUDCO · price
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HUDCO has published a newspaper notice informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF). As per Section 124(5) and 124(6) of the Companies Act 2013, shares whose dividends have not been claimed for seven consecutive years will be moved to IEPF. Specifically, this notice targets shareholders who did not encash the final dividend for FY 2018-19 and all subsequent dividends. Affected shareholders must submit the required documents to the company's Registrar and Share Transfer Agent, Beetal Financial & Computer Services Pvt Ltd, by 25 September 2026 to claim their unclaimed dividends and prevent the share transfer. The list of affected shareholders is available on the company's website www.hudco.org.in.
This is a routine regulatory compliance filing and is neutral for the stock price. Shareholders who have not claimed dividends since FY 2018-19 risk losing their shares to IEPF if they fail to act before 25 September 2026.