Reminder letter sent to Shareholders and Newspaper Publication(s) for Transfer of Equity Shares of the Company to Investor Education and Protection Fund.
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Orient Beverages Ltd has issued reminder letters to shareholders and published notices in Financial Express (English) and Ekdin (Bengali) on June 17, 2025, regarding the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. Under Section 124 of the Companies Act, 2013 and IEPF Rules, 2016, shares belonging to shareholders who have not claimed dividends for seven consecutive years (from FY 2017-18 onwards) must be transferred to IEPF. Shareholders have until July 31, 2025 to file their claim with the company's Registrar (Niche Technologies Pvt. Ltd., Kolkata) or risk losing their shares. The unclaimed dividend from the financial year ended March 31, 2018 is scheduled to be transferred to IEPF on October 25, 2025. BSE Security Code: 507690.
This is a routine regulatory compliance filing and does not impact the stock price or majority shareholders. Only shareholders who have failed to claim dividends for 7+ consecutive years stand to lose their shares to IEPF if they do not act before the July 31, 2025 deadline.