Newspaper advertisement for the intimation to the shareholders for transfer of all shares for which dividend has not been claimed for seven consecutive years
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Panasonic Carbon India Company Ltd published newspaper advertisements on 10 June 2025 informing shareholders about an upcoming transfer of shares to the Investor Education and Protection Fund (IEPF). This applies to all shares where the shareholder has not claimed dividends for seven consecutive years. The notice was published in two newspapers — Trinity Mirror (English) and Makkal Kural (Tamil) — as required under SEBI Listing Regulations and the Companies Act, 2013. Shareholders who have unclaimed dividends for 7 or more years are advised to claim them promptly to avoid losing their shares. The company has urged shareholders to take note and update their records before the transfer takes place.
Shareholders who have not claimed dividends for 7 straight years risk having their shares permanently transferred to the IEPF, losing ownership rights. This is a routine regulatory compliance filing and is unlikely to affect the stock price, but affected shareholders should act quickly to reclaim dividends and prevent share transfer.