LMW Limited has informed the Exchange about the copies of the newspaper advertisement published by the Company regarding the transfer of Equity Shares of the Company to the Investor Education Protection Fund( IEPF ) Authority.
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LMW Limited has published newspaper advertisements informing shareholders about the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This transfer applies to shares whose dividends have remained unclaimed for seven consecutive years. The company has already communicated individually with affected shareholders at their registered addresses. Detailed lists of affected shareholders have been uploaded on the company website (www.lmwglobal.com). Shareholders holding physical shares will receive duplicate share certificates for dematerialization and transfer purposes, while demat shareholders' shares will be transferred via corporate action through NSDL/CDSL. The company will initiate transfer to IEPF if no communication is received from concerned shareholders before the deadline.
This is a routine regulatory compliance matter under SEBI rules. Affected shareholders who fail to claim before the deadline will lose their shares to IEPF Authority, though they can still claim back both dividends and shares from IEPF by following prescribed procedures.