BSENarmada Gelatines LtdMinimalNeutral
Announced Fri, 18 Jul · 11:34 IST

Newspaper Advertisement-Letter to shareholders regarding transfer of shares to IEPF Authority, which remained unclaimed for the period of seven years, pursuant to the provisions of section ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Narmada Gelatines Limited has published a notice in The Hitavada (English) and Deshbandhu (Hindi) newspapers on July 18, 2025, informing shareholders about the proposed transfer of their equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action applies to shareholders who have not claimed dividends for seven consecutive years, starting from FY 2017-18 onwards, as required under Section 124(6) of the Companies Act, 2013. Affected shareholders have been notified individually at their latest available addresses, and their details are also available on the company's website. Shareholders must submit a claim for their unpaid dividends by September 11, 2025 to prevent the transfer. If no claim is made by this date, the shares will be mandatorily transferred to the IEPF account by October 25, 2025.

Likely market impact

Shareholders with unclaimed dividends since FY 2017-18 should act quickly and contact the company's RTA before September 11, 2025 to claim their dividends and avoid losing their shares to the IEPF. Shares once transferred can still be reclaimed from IEPF later, but the process becomes more lengthy and complex.