We are enclosing herewith copy of the Newspaper Advertisement published on 01.07.2025 in Business Line (English) and Dinamani (Tamil) in relation to proposed transfer of shares to Investor ....
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Awaiting price reaction for this filing.
Lakshmi Mills Company has published a newspaper advertisement in Business Line (English) and Dinamani (Tamil) on 01.07.2025, notifying shareholders about the proposed transfer of their equity shares to the IEPF Authority. As per IEPF Rules 2016, shares of shareholders who have not claimed dividends for seven consecutive years or more are liable to be transferred to the IEPF Authority. The company had already written to the concerned shareholders on 21.06.2025 for FY 2025-26, and has uploaded the list of such shareholders on its website (www.lakshmimills.com/other-information). Shareholders whose shares are due for transfer have been given three months from the notice date to respond, failing which the shares will be moved to IEPF. Both unclaimed dividends and the shares (along with future benefits) can be claimed back from IEPF by following the prescribed procedure. The Registrar and Transfer Agent is MUFG Intime India Pvt Ltd, based in Coimbatore.
This is a routine regulatory compliance filing and not a value-impacting event. Shareholders who have not claimed dividends for 7+ years should act quickly to prevent their shares from being transferred to the IEPF Authority and to avoid the additional procedural hassle of claiming them back later.