Indian Energy Exchange Limited has informed the Exchange about Copy of Newspaper Publication Notice to Equity Shareholders for transfer of shares to Investor Education and Protection Fund (IEPF) Account
IEX · price
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Awaiting price reaction for this filing.
Indian Energy Exchange (IEX) has published a notice in Business Standard (English – All India edition) and Business Standard (Hindi – Delhi edition) on July 25, 2025, informing shareholders about the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Account. Under Section 124(6) of the Companies Act, 2013, shares whose dividends have remained unclaimed for seven consecutive years (starting from the FY2017-18 final dividend) will be transferred to IEPF. The unclaimed dividend is set to be credited to IEPF on October 23, 2025, and concerned shareholders have until October 8, 2025, to submit valid claims through the company or its Registrar (KFin Technologies Limited).
This is a routine regulatory compliance filing and is unlikely to affect the share price. Shareholders who have not encashed their IEX dividends since FY2017-18 should submit their claim documents before October 8, 2025, to avoid their shares being moved to the IEPF account, after which recovery becomes more cumbersome.