Announced Mon, 13 Jul · 17:30 IST

Notice to shareholders on transfer of shares to IEPF Authority

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹387.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-4.9-8.3-13.2-17.5-14.2
Up moveDown movePending
AI summary

Patels Airtemp has notified shareholders that their equity shares will be transferred to the IEPF Authority. This applies to shareholders with unclaimed dividends for 7 or more consecutive years, from FY 2018-19 onwards. The proposed transfer is set for 1 November 2026, under Section 124(6) of the Companies Act 2013. The list of affected shareholders is on the company website. Shareholders can still claim their shares before the transfer date.

Likely market impact

Routine regulatory filing. Only affects shareholders with 7+ years of unclaimed dividends. No material impact on stock price; shares can still be claimed before transfer.