Larsen & Toubro Limited has informed the Exchange about publication of IEPF Notice in Newspapers
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Larsen & Toubro has informed the stock exchanges about publishing a notice in Financial Express (English) and Loksatta (Marathi) on June 24, 2025, regarding transfer of equity shares to the Investor Education and Protection Fund (IEPF). Under Section 124(6) of the Companies Act, 2013, shares whose dividend has remained unpaid or unclaimed for seven consecutive years (from FY 2017-18 onwards) will be transferred to the IEPF. Shareholders concerned have been individually notified and have until September 10, 2025 to claim their unpaid dividends and avoid the transfer. Relevant shareholder details have been uploaded on the company's investor website. This is a routine annual compliance notice and no financial impact is expected on the company.
No direct impact on the stock price or company financials. Shareholders who have not claimed dividends on their L&T shares since FY 2017-18 should act before September 10, 2025, to prevent their shares from being transferred to the IEPF.