Notice to Shareholders in respect of transfer of Equity Shares of the Company to IEPF
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JK Agri Genetics has issued a notice to its shareholders informing them about the upcoming transfer of certain equity shares to the Investor Education and Protection Fund (IEPF). As per the Companies Act, shares for which dividends have remained unclaimed for seven consecutive years are moved to the IEPF. The company is asking shareholders to check if their names appear on the list and to take action by updating details and claiming any pending dividends before the transfer takes place. Shareholders still have a window to claim their shares back from IEPF after the transfer by following the prescribed process.
This is a routine compliance notice and not a material corporate event. Shareholders whose shares are being moved should act quickly to claim dividends and update records to avoid losing their shares to the IEPF. No direct impact on stock price is expected.