Akzo Nobel India Limited has informed the Exchange about Copy of Newspaper Publication
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Akzo Nobel India Limited has submitted copies of newspaper advertisements to the stock exchanges regarding the upcoming transfer of certain equity shares to the IEPF Authority. The notice was published on 30th May 2025 in Business Standard (English, all India editions) and Aaj Kaal (Bengali). This is a routine compliance action under Section 124(6) of the Companies Act 2013, targeting shares whose dividend has remained unclaimed for seven or more consecutive years. The next scheduled transfer date is 2nd September 2025, related to the final dividend for the financial year ended 31st March 2018. Shareholders who wish to avoid transfer of their shares must claim their unpaid dividends by 15th July 2025 by submitting prescribed KYC forms to the company's Registrar, CB Management Services (P) Ltd.
This is a procedural compliance filing with no material effect on the stock price. Only shareholders who have not encashed dividends for 7+ years are at risk of losing their shares to the IEPF; affected investors should act before 15th July 2025 to retain ownership.