Nelcast Limited has informed the Exchange about Copy of Newspaper Publication
NELCAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nelcast Limited has submitted copies of newspaper advertisements published on May 16, 2025 in Financial Express (English) and Andhra Prabha (Telugu) to BSE and NSE, as required under Regulation 47 of SEBI LODR. The notices inform shareholders that equity shares whose dividends have remained unclaimed for seven consecutive years (from FY 2017-18 onwards) are liable to be transferred to the Investor Education and Protection Fund (IEPF) under Section 124 of the Companies Act, 2013. The company has already sent individual notices via registered post to affected shareholders and uploaded the full list on its website www.nelcast.com under 'Investors Information'. Shareholders have until August 12, 2025 to claim unpaid dividends before the shares are moved to IEPF.
This is a routine regulatory compliance filing with no direct impact on share price or company operations. Shareholders with unclaimed dividends since FY 2017-18 should act before the August 12, 2025 deadline to claim their dividends or risk having their shares transferred to IEPF (though they can still reclaim shares from IEPF later via Form IEPF-5).