Kitex Garments Limited has informed the Exchange about individual notices to shareholders via RTA for claiming dividend
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Kitex Garments has informed the stock exchanges that its Registrar and Transfer Agent (Cameo Corporate Services Ltd.) has sent individual notices on May 20, 2025 to shareholders whose dividends have remained unpaid or unclaimed for seven or more consecutive years, starting from the final dividend for FY2017-18. These shareholders' shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) under Section 124(6) of the Companies Act, 2013, if the dividends continue to remain unclaimed. The disclosure is being made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The company has urged shareholders to claim their pending dividends before the shares are moved to the IEPF.
This is a routine regulatory compliance announcement with no direct impact on the company's financials or stock price. Shareholders who have unclaimed dividends from FY2017-18 onwards should act quickly to claim them, failing which their shares will be transferred to the IEPF.