Nesco Limited has informed the Exchange about Copy of Newspaper Publication
NESCO · price
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Nesco Limited has submitted copies of newspaper advertisements published on 23 May 2025 in Business Standard (English) and Mumbai Lakshadweep (Marathi), as required under Regulation 47 of SEBI's Listing Obligations. The notice informs equity shareholders that shares of those who have not claimed dividends for seven consecutive years (relating to unpaid/unclaimed dividends declared from FY 2017-18 onwards) will be transferred to the Investor Education and Protection Fund (IEPF) Authority, in line with Section 124(6) of the Companies Act, 2013 and the IEPF Rules. The company has set 26 August 2025 as the deadline for shareholders to claim their dividends and prevent the share transfer. MUFG Intime India Pvt. Ltd. has been appointed as the registrar to handle claims and communications.
Shareholders who have not claimed dividends since FY 2017-18 risk having their equity shares permanently transferred to the IEPF. Affected investors must contact the registrar before 26 August 2025 to claim their unpaid dividends and shares. This is a routine compliance announcement and is unlikely to have a material impact on the stock price.