BSEMercury Laboratories LtdMinimalNeutral
Announced Thu, 7 May · 14:52 IST

Intimation to shareholder relating to transfer of Equity shares to IEPFA is attached

Price

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Price reaction · full curve 14 horizons · vs prior close
1-day move
₹775.00
prior close
₹799.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+1.8-2.6+6.1-6.3-1.2+0.3+6.3
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AI summary

Mercury Laboratories Ltd has notified shareholders who have not claimed dividends for seven consecutive financial years (FY 2018-19 to FY 2024-25) that their shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority. The company has sent individual letters to affected shareholders with their dividend details across these years. The unclaimed dividend for FY 2018-19 is due for transfer on 03/11/2026, and shareholders have until 02/11/2026 to claim unpaid dividends and prevent share transfer. After transfer to IEPFA, shareholders can only reclaim shares by filing e-form IEPF-5. The company has also reminded shareholders holding physical shares to update their KYC details using prescribed forms (ISR-1, ISR-2, etc.).

Likely market impact

Affected shareholders who do not claim their unclaimed dividends before the deadline risk permanent loss of their shares, which will be transferred to the government IEPF account. For other shareholders, this is a routine compliance action with no direct impact on the company's financial position or stock valuation.