LG Balakrishnan & Bros Limited has informed the Exchange about Copy of Newspaper Publication
LGBBROSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
LG Balakrishnan & Bros Limited has submitted copies of a newspaper notice published on June 10, 2025 in Financial Express (English, All India edition) and Maalai Malar (Tamil, Tamil Nadu edition). The notice informs equity shareholders that certain shares are proposed to be transferred to the Investor Education and Protection Fund (IEPF) Account. This action is being taken under Section 124(6) of the Companies Act, 2013 read with the IEPF Authority Rules, 2016, and is being filed with the exchange under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. Shareholders whose shares are being moved are being given a final opportunity to claim them before the transfer takes effect, with the deadline referenced as September 15, 2025.
This is a routine regulatory compliance filing and is largely neutral for the stock. Shareholders who have not claimed dividends or held shares for several years without activity should verify if their shares are part of this transfer and act before the deadline to avoid losing them to the IEPF.