Jubilant Pharmova Limited has informed the Exchange about General Updates - Submission of second communication sent to shareholders relating to notice of transfer of equity shares to Investor Education and Protection Fund Authority
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Jubilant Pharmova has sent a second reminder communication to shareholders about transferring their equity shares to the Investor Education and Protection Fund (IEPF) Authority. This is a regulatory compliance step required for shares where dividends have remained unclaimed for an extended period (typically 7+ consecutive years). Shareholders whose shares are identified for this transfer have been notified to take corrective action before the shares are moved to IEPF. Shareholders who claim their shares and pending dividends before the deadline can prevent the transfer.
This is a routine compliance filing and not a new business event. Shareholders with unclaimed dividends or dormant shares should review the communication and act promptly to claim their holdings, or else their shares will be transferred to IEPF, after which recovery becomes more complex.