Announced Tue, 23 Jun · 17:14 IST
Notice for transfer of equity shares to IEPF Authority
Compliance View source PDF
ICRA · price
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Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹5204.50
prior close
₹5220.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.2-0.0-0.4+2.8+1.3+0.9+0.6+2.3+1.2+0.6-7.7——
Up moveDown movePending
AI summary
ICRA Ltd has issued a notice for the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. As per the Companies Act, shares whose dividends have remained unclaimed for seven or more consecutive years are moved to the IEPF. Shareholders whose shares are due for transfer can still claim them back by following the prescribed process before the deadline.
Likely market impact
Shareholders with unclaimed dividends for 7+ years risk losing shares to IEPF; they should act quickly to claim back their shares and dividends.