Jet Freight Logistics Limited has informed the Exchange about Copy of Newspaper Publication
JETFREIGHT · price
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Jet Freight Logistics Limited has published notices in the Free Press Journal (English) and Navshakti (Marathi) on May 20, 2025, informing equity shareholders about the proposed transfer of unclaimed dividends and corresponding shares to the Investor Education and Protection Fund (IEPF). This action is being taken under Section 124(6) of the Companies Act, 2013, for shareholders who have not claimed their dividends for seven or more consecutive years. Specifically, the unclaimed dividend for FY 2018-19 will be transferred to IEPF, with the cut-off date being July 31, 2025, and shares expected to be transferred by September 11, 2025. Shareholders can still claim their unpaid dividends before July 31, 2025, by contacting the company's Registrar and Share Transfer Agent, Bigshare Services Pvt Ltd. Those whose shares get transferred can reclaim them by filing Form IEPF-5 with IEPF authorities, though the process is lengthy and involves additional steps.
Shareholders of Jet Freight Logistics who have not claimed their FY 2018-19 dividend must act quickly before the July 31, 2025 deadline to avoid having their shares transferred to the IEPF. This is a routine regulatory compliance action and unlikely to materially affect the stock price, but it is a reminder for shareholders to keep their dividend records and contact details updated.