The Company has published newspaper advertisement on May 15, 2026 w.r.t. to proposed share transfer and dividend to the IEPF Authority.
NIRLON · price
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Nirlon Ltd has published newspaper advertisements notifying shareholders about the transfer of shares to the Investor Education and Protection Fund (IEPF). This action is mandated under Section 124 of the Companies Act 2013 for dividends from Financial Year 2018-19 that have remained unclaimed for 7 consecutive years. The company sent individual communications to affected shareholders on May 13, 2026, via speed post. Shareholders have until October 6, 2026, to claim their unpaid dividends before their shares are transferred to IEPF. Both physical and demat shares will be processed for transfer, with voting rights on transferred shares being frozen until claimed.
Shareholders who fail to claim their FY 2018-19 dividends by October 6, 2026, will have their shares transferred to IEPF, losing voting rights temporarily. Affected shareholders can still recover their dividends and shares from IEPF Authority by following the prescribed procedure at www.iepf.gov.in.