NOCIL Limited has informed the Exchange about Copy of Newspaper Publication
NOCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NOCIL Limited has published notices in Economic Times (English) and Maharashtra Times (Marathi) on 16th May 2025 informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF). The transfer applies to shareholders who have not claimed their dividends for seven consecutive years, specifically for the FY 2017-18 dividend declared at the 56th AGM held on 25th July 2018. Affected shareholders have been individually notified on 15th May 2025 and must claim their dividend by 31st July 2025, failing which their shares will be transferred to IEPF on 31st August 2025. The full list of affected shareholders has been uploaded on the company's website (www.nocil.com). This filing is a compliance submission under SEBI Listing Regulations, requiring the company to publicly notify shareholders before transferring their shares.
No material impact on the company or its stock price as this is a routine regulatory compliance filing. However, shareholders who have not claimed their FY 2017-18 dividend risk losing both their unclaimed dividend and underlying shares to the IEPF if they do not act before 31st July 2025.