Newspaper advertisement giving notice of transfer of Equity shares of the company to Investor Education and Protection Fund (''IEPF'')
Awaiting price reaction for this filing.
Blue Star Limited has notified stock exchanges about newspaper advertisements published on June 11, 2025, regarding the transfer of certain equity shares to the Investor Education and Protection Fund (IEPF). The ads appeared in Financial Express (All India edition), Free Press Journal (Mumbai edition), and Navshakti (Marathi, Mumbai edition). This action is taken under Section 124(6) of the Companies Act, 2013, which requires companies to transfer shares of shareholders who have not claimed dividends for seven or more consecutive years. The advertisements are also available on the company's website at www.bluestarindia.com. The filing was submitted by Rajesh Parte, Company Secretary & Compliance Officer.
This is a routine regulatory compliance filing with no direct impact on the stock price or existing shareholders. Shareholders who have not claimed their dividends for 7+ years should check if their shares are among those being transferred, as reclaiming them from IEPF involves a formal process. Active shareholders with up-to-date KYC and claim histories are unaffected.