Newspaper Advertisement - Disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
Awaiting price reaction for this filing.
JSW Steel published a newspaper advertisement on May 20, 2025 in Financial Express (English) and Navshakti (Marathi), notifying equity shareholders that shares linked to unclaimed dividends from FY 2017-18 will be transferred to the Investor Education and Protection Fund (IEPF) Authority. Shares are eligible for transfer after dividends remain unclaimed for seven consecutive years. The company has already sent individual letters to affected shareholders and posted details on its website (www.jsw.in). Shareholders must claim their unclaimed dividends on or before August 31, 2025, after which the company will initiate the IEPF transfer process. KFin Technologies Limited is acting as the Registrar and Share Transfer Agent for this exercise. The filing was made under Regulation 30 of SEBI Listing Regulations for disclosure purposes.
This is a routine regulatory compliance filing with no material impact on the stock price. Shareholders with unclaimed JSW Steel dividends from FY 2017-18 should act before August 31, 2025 to prevent their shares from being transferred to the IEPF Authority.