LG Balakrishnan & Bros Limited has informed the Exchange about Copy of Newspaper Publication intimating the IEPF transfers
LGBBROSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
LG Balakrishnan & Bros Limited has notified the stock exchanges about newspaper publications (dated May 15, 2026) informing shareholders about the transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) Account. The notices were published in Financial Express (English) and Maalai Malar (Tamil) newspapers. This compliance is mandated under Section 124(6) of the Companies Act, 2013 and IEPF Authority Rules, 2016. The company is required to transfer shares of shareholders who have not claimed dividends for 7 consecutive years to IEPF. Shareholders are being given notice to claim pending dividends to avoid losing ownership of their shares.
Shareholders who have unclaimed dividends for 7 or more consecutive years risk having their shares transferred to IEPF, after which they can only claim refunds from the IEPF Authority rather than directly from the company.