Submission of newspaper publication of the Notice for transfer of Equity shares to Demat Account of IEPF Authority
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Awaiting price reaction for this filing.
Jost's Engineering Company Limited has submitted copies of newspaper advertisements to BSE regarding the transfer of equity shares belonging to shareholders who have not claimed dividends for seven or more consecutive years to the IEPF Authority's Demat Account. The notice was published on 7th May 2025 in the Free Press Journal (English) and Nav Shakti (Marathi). The company had already transferred unclaimed dividends for FY 2017-18 to IEPF on 4th May 2025. Shares linked to unclaimed dividends for FY 2018-19 through FY 2023-24 will be transferred to IEPF after 3rd June 2025. This filing is made in compliance with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 and Section 124(6) of the Companies Act, 2013.
This is a routine regulatory compliance filing and is unlikely to impact the stock price. Shareholders who have not claimed their dividends for seven or more consecutive years should contact the company or its Registrar (Bigshare Services) immediately to claim their shares before they are permanently transferred to IEPF.