BSEPBM Polytex Ltd-$MinimalNeutral
Announced Wed, 10 Jun · 14:10 IST

Reminder Letters sent to Shareholders for whom the dividend remains unpaid/unclaimed for 7 or more years, liable to be transferred to IEPF.

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Price reaction · full curve 14 horizons · vs prior close
-4.5%1-day move
₹57.99
prior close
₹57.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-4.5-5.2-6.0-4.9-0.4-5.1-7.2-6.9
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AI summary

PBM Polytex Ltd has sent reminder letters dated 29.05.2026 to shareholders whose dividends have remained unpaid or unclaimed for seven consecutive years or more, starting from FY 2018-19. The unpaid dividends for years 2018-19, 2020-21, and 2021-22 are specifically mentioned in the letter. As per Section 124(6) of the Companies Act, 2013, these shareholders must claim their unpaid dividend on or before 30.09.2026, failing which their equity shares will be transferred to the Investor Education and Protection Fund (IEPF) on or after 07.11.2026. The company has provided details of its Registrar and Transfer Agent, MUFG Intime India Pvt. Ltd., and directed shareholders to update KYC details to receive payments. This is a routine regulatory intimation under SEBI LODR Regulation 30.

Likely market impact

This is a routine compliance filing and does not impact the company's financials or stock price. Only shareholders who have unclaimed dividends from FY 2018-19 onwards need to act before 30.09.2026 to avoid having their shares transferred to the IEPF account.