Notice to shareholdes for transfer of Equity shares to the Demat account of the IEPF.
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Nicco Parks & Resorts has informed BSE about newspaper advertisements published on June 7, 2025 in Business Standard and Ekdin, notifying shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The action relates to shareholders who have not claimed their dividends, including the 1st Interim Dividend of 2018-2019, for seven consecutive years. Under Section 124(6) of the Companies Act, 2013 and IEPF Rules 2016, shares of such shareholders will be moved to the IEPF Demat Account if valid claims are not submitted on or before the stated deadline (15th of the relevant month). Shareholders are advised to contact the company's Registrar (Maheshwari Datamatics) or the Company Secretary to file claims and update KYC details. This is a routine annual compliance filing and does not involve any new dividend, fundraising, or change in business.
This is a standard regulatory compliance notice with no material impact on the company's financials or stock price. Shareholders who have unclaimed dividends should act before the deadline to avoid losing their shares to IEPF, from where recovery is possible but involves a longer process.