Nahar Spinning Mills Limited has informed the Exchange about Copy of Newspaper Publication
NAHARSPING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nahar Spinning Mills Limited has published a notice in Business Standard and Punjabi Jagran on July 4, 2025, informing shareholders that their equity shares will be transferred to the Investor Education and Protection Fund (IEPF). This applies to shareholders who have not encashed or claimed dividends for seven consecutive years, starting from FY 2017-18 onwards. The company has already sent individual letters to affected shareholders and uploaded complete details on its website (www.owmnahar.com). Shareholders must submit required documents to the Registrar (Alankit Assignments Limited) by August 1, 2025, to claim their unpaid dividends and prevent the transfer. If no action is taken, both the unclaimed dividends and corresponding shares will be moved to IEPF without further notice, and shareholders would need to file Form IEPF-5 to reclaim them later.
This is a routine regulatory disclosure with no direct material impact on the company's financials or stock price. Shareholders who have unclaimed dividends from FY 2017-18 onwards should act before August 1, 2025, to avoid losing their shares to the IEPF.