LMW Limited has informed the Exchange about an intimation sent to the shareholders of the Company regarding the transfer of Equity Shares in respect of which dividend has not been claimed for seven consecutive years to the Investor Education and Protection Fund ( IEPF )
LMW · price
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LMW Limited has informed exchanges about intimation sent to shareholders regarding transfer of equity shares to the Investor Education and Protection Fund (IEPF). Shares on which dividend has not been encashed or claimed for seven consecutive years, starting from Final Dividend for 2018-19, will be transferred to IEPF. Shareholders have until 28th August 2026 to claim unpaid dividends before shares are transferred. This is a mandatory compliance under Section 124(6) of the Companies Act, 2013. After the deadline, affected shareholders can only claim shares back by applying to IEPF Authority through Form IEPF 5 on www.iepf.gov.in.
Minimal direct impact on stock price. This is a routine regulatory compliance filing that cleans up the shareholder register. Shareholders who have not claimed dividends risk losing voting rights and dividends on transferred shares unless they act before the deadline.