Please find enclosed herewith a copy notice w.r.t. transfer of Equity Shares of the Company to Investor Education and Protection Fund (IEPF), published in Indian Express (English Edition) ....
PAUSHAKLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Paushak Limited has published a notice informing shareholders about the mandatory transfer of equity shares to the IEPF Demat Account. This transfer applies to shares where dividends have remained unclaimed for seven or more consecutive years, as mandated under the Investor Education and Protection Fund Authority Rules, 2016. The company states it has already notified affected shareholders individually and uploaded their details (names and folio numbers) on its website. Shareholders have until August 31, 2026, to claim their unclaimed dividends and prevent share transfers. After this deadline, the company will transfer the shares to IEPF without further notice. Both unclaimed dividends and transferred shares can be reclaimed by shareholders by filing IEPF-5 web form with the IEPF Authority.
Shareholders with unclaimed dividends for 7+ years risk losing their shares to IEPF, after which they will lose voting rights and dividends. However, they can reclaim both by applying to the IEPF Authority through a defined process, so affected investors should act before the deadline.