Jindal Drilling And Industries Limited has informed the Exchange about General Updates regarding Notice given to shareholders.
JINDRILL · price
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Jindal Drilling And Industries Limited has sent notices to shareholders who have not claimed dividends for seven consecutive years (starting from FY 2018-19). The company is required under the Companies Act and IEPF Rules to transfer shares of such shareholders to the Investor Education and Protection Fund (IEPF) if dividends remain unclaimed. Shareholders have until October 15, 2026 to claim their outstanding dividends by contacting the Company Secretary or the Registrar and Transfer Agents (Alankit Assignments Limited). If not claimed, both physical and demat shares will be transferred to IEPF, and future corporate benefits will also be credited to IEPF.
This is a routine regulatory compliance filing with no direct impact on stock price or earnings. Affected shareholders risk losing voting rights and dividends if they fail to claim within the deadline.