KOTARISUGNSEKothari Sugars And Chemicals Limited· SugarMinimalNeutral
Announced Fri, 5 Jun · 17:48 IST

Kothari Sugars And Chemicals Limited has informed the Exchange about Copy of Newspaper advertisement for attention of Equity Shareholders of the Company regarding transfer of Equity Shares to Investor Education and Protection Fund (IEPF) Account.

KOTARISUG · price

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Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹24.60
prior close
₹24.60
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AI summary

Kothari Sugars and Chemicals Limited has published a newspaper advertisement directed at its equity shareholders about the proposed transfer of certain equity shares to the Investor Education and Protection Fund (IEPF) Account. This is a standard regulatory requirement under SEBI/IEPF rules, triggered when shareholders have not claimed their dividends or responded to company communications for an extended period (typically 7 consecutive years). The advertisement serves as a public notice giving shareholders a final opportunity to update their details or claim their shares before the transfer happens. Shareholders whose shares are at risk of being transferred are usually listed in a notice sent individually by the company.

Likely market impact

Shareholders who have been inactive or have not claimed dividends for several years should check if their shares are part of this transfer and act quickly to avoid losing ownership, as reclaiming shares from IEPF later involves a detailed and lengthy process.