Newspaper Advertisement pertaining to Notice for transfer of Unclaimed Dividend and corresponding Equity Shares of the Company to Investor Education and Protection Fund (IEPF)
Awaiting price reaction for this filing.
Gujarat State Petronet Ltd has published newspaper advertisements notifying shareholders about the upcoming transfer of unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF). The notices appeared in Financial Express (English) and Gandhinagar Samachar (Gujarati) on July 10, 2025. This action is taken under Section 124(6) of the Companies Act, 2013, which requires companies to transfer shares whose dividends have remained unclaimed for seven or more consecutive years to IEPF. Shareholders with unclaimed dividends are urged to claim them before the transfer date to avoid losing their shares.
This is a routine regulatory compliance filing with no direct impact on the stock price. Shareholders who have not claimed their dividends for an extended period should act promptly to file a claim and prevent their shares from being permanently transferred to IEPF.