NIRLON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nirlon Ltd has published newspaper advertisements (in Business Standard and Navakal on May 7, 2025) informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The transfer applies to shares where dividends have remained unclaimed for seven consecutive years, starting from FY 2017-18. Individual notices were sent via Speed Post on May 5, 2025. Shareholders have until October 30, 2025 to claim their unpaid dividends. After this deadline, shares will be automatically transferred to the IEPF Authority, where voting rights will be frozen and no further claims can be made against the company, though shareholders can still reclaim from IEPF via its website.
This is a routine regulatory compliance notice with no material impact on the company's operations or stock price. Shareholders who have not claimed dividends since FY 2017-18 should act before October 30, 2025 to avoid having their shares transferred to the IEPF Authority.