Jagran Prakashan Limited has informed the Exchange about Newspaper Advertisement-Reminder letter for transfer of equity shares to IEPF.
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Jagran Prakashan Limited has published a newspaper advertisement as a regulatory reminder to its shareholders. The notice concerns the transfer of equity shares belonging to shareholders who have not claimed their dividends for seven or more consecutive years to the Investor Education and Protection Fund (IEPF). This is a routine compliance announcement required under the Companies Act and SEBI rules. Shareholders whose shares are due for transfer have been urged to update their KYC details and claim pending dividends before the deadline.
This is a routine regulatory filing with no direct impact on the company's operations or stock price. Shareholders with unclaimed dividends should act promptly to avoid losing their shares to the IEPF, from where recovery is a longer and more cumbersome process.