Info Edge (India) Limited has informed the Exchange about Newspaper Publication for Notice of Transfer of Equity Shares of the Company to Investor Education and Protection Fund (IEPF)
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Awaiting price reaction for this filing.
Info Edge (India) Limited has published a notice in newspapers regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF). This is a routine regulatory action taken when shareholders have not claimed their shares or dividends for an extended period (typically 7 consecutive years). The notice serves to inform concerned shareholders about the impending transfer so they can take corrective action. Shareholders whose shares are due for transfer must update their KYC details, claim their unclaimed dividends, and follow the prescribed procedure to prevent the transfer. The specific names and folio numbers of affected shareholders would be available in the notice.
This is a routine compliance filing with no material impact on the stock price. However, specific shareholders who haven't claimed dividends or updated records for years should act quickly to retrieve their shares before the transfer is completed.