ORIENTPPR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Orient Paper & Industries Limited has issued a notice to shareholders regarding the transfer of equity shares to the IEPF Authority. This is a mandatory compliance under the Companies Act, 2013, triggered because dividends for six consecutive financial years (FY 2018-19 to FY 2023-24) have remained unpaid or unclaimed. Affected shareholders must submit their claim to the Registrar and Share Transfer Agent, KFin Technologies Ltd, by 24th August, 2026. If no claim is received by the deadline, both the unpaid dividends and the corresponding equity shares (whether held in physical or demat form) will be transferred to the IEPF Authority. After transfer, shareholders can still recover their shares or dividends by filing an online application (Form IEPF-5) with the IEPF Authority.
This is a routine regulatory compliance filing and has no direct impact on the company's financial performance or stock price. Affected shareholders risk losing their shares if they fail to submit the required claim documentation by the deadline.