Orient Electric Limited has informed the Exchange about General Updates
ORIENTELEC · price
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Orient Electric has sent a reminder to shareholders whose dividends have remained unclaimed for seven or more consecutive years, asking them to claim the amounts by July 20, 2025. If not claimed, both the unpaid dividend and the corresponding underlying equity shares will be transferred to the Investor Education and Protection Fund (IEPF) on August 17, 2025. The notice lists unpaid dividends spanning from the final dividend of FY 2017-18 (paid July 16, 2018) through the final dividend of FY 2023-24 (paid August 3, 2024). Shareholders must submit the required claim form and documents to the company's Registrar & Transfer Agent, KFin Technologies Limited. The filing is made under Regulation 30 of SEBI LODR and Section 124(5)/(6) of the Companies Act, 2013. This is a routine annual compliance exercise and not a new corporate action.
Only shareholders with long-unclaimed dividends are personally affected and should file their claim with KFin Technologies before July 20, 2025, or recover them later from IEPF via Form IEPF-5. There is no material impact on the company's operations or stock price, as this is a standard regulatory procedure.