Orient Paper & Industries Limited has informed the Exchange about Copy of Newspaper Publication
ORIENTPPR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Orient Paper & Industries has published newspaper advertisements (in Business Standard and the regional paper Pratidin on 17 May 2025) informing shareholders that unclaimed final dividends for FY 2017-18 and the corresponding equity shares will be transferred to the IEPF Authority on 18 August 2025. This is a routine compliance action under Section 124 of the Companies Act, 2013, triggered when dividends remain unpaid or unclaimed for seven or more consecutive years. Individual notices have already been sent to the affected shareholders, and the company has also uploaded their details on its website. Affected shareholders have until 17 August 2025 to claim their dividends and avoid transfer of shares. The company's Registrar and Transfer Agent (KFin Technologies) is available to assist shareholders with the claim process.
This is a procedural regulatory filing and is not expected to move the stock price. However, shareholders who have not claimed their FY 2017-18 dividends should act before 17 August 2025 to prevent their shares from being transferred to the IEPF. Even after transfer, shares and dividends can still be reclaimed from the IEPF Authority by following the prescribed refund procedure.