Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as ....
COCKERILL · price
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John Cockerill India has sent reminder letters to shareholders whose dividends have remained unclaimed for seven or more consecutive years. Under Section 124 of the Companies Act, 2013 and the IEPF Rules 2016, both the unclaimed dividends and the underlying equity shares are liable to be transferred to the Investor Education and Protection Fund (IEPF). The unclaimed dividend referenced goes back to financial year 2017-18, with no dividend having been declared for FY 2020-21. Affected shareholders have been asked to claim their pending dividend by September 10, 2025, failing which their shares will be moved to the IEPF Demat Account by September 30, 2025. Shareholders can later reclaim the shares by filing e-Form IEPF-5 with the MCA and submitting the required documents to the company or its registrar, Bigshare Services Private Limited.
This is a routine regulatory compliance filing and does not impact the company's operations or financial performance. Only specific shareholders with long-unclaimed dividends are affected; they risk losing ownership of their shares if they do not act before the deadline.