we are hereby submitting sample letter sent to shareholders who have not claimed dividends for seven or more consecutive years, whose shares are liable to be transferred to the IEPF Demat Account.
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Awaiting price reaction for this filing.
ITL Industries has submitted to BSE a sample copy of reminder letters sent to shareholders who have not claimed dividends for seven or more consecutive years, making their shares liable for transfer to the Investor Education and Protection Fund (IEPF) Demat Account. One example shareholder (Pradeep Kumar Maheshwari) holds 700 shares (100 per financial year) with unclaimed dividends from FY2017-18 through FY2023-24, with amounts ranging from ₹50 to ₹100 per year. Affected shareholders must claim their dividends and submit Form ISR-1 (with PAN, Aadhaar, and cancelled cheque) to the company's Registrar and Share Transfer Agent (Ankit Consultancy Pvt Ltd, Indore) on or before October 30, 2025, failing which the shares will be transferred to IEPF by November 30, 2025.
This is a routine regulatory compliance filing under SEBI (LODR) Regulations, 2015 and unlikely to move the stock price. However, shareholders with unclaimed dividends for 7+ years must act before the October 30, 2025 deadline to avoid having their shares permanently transferred to the IEPF.