Pidilite Industries Limited has informed the Exchange about Copy of Newspaper Publication for transfer of equity shares to Investor Education and Protection Fund (IEPF) Authority
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Pidilite Industries has published a notice in newspapers informing shareholders about the upcoming transfer of equity shares to the IEPF Authority, as required under the Companies Act. This applies to shares of shareholders who have not claimed their dividends for seven or more consecutive years. The notice provides details on how affected shareholders can prevent this transfer by claiming their pending dividends before the deadline. This is a routine annual compliance filing, not a new corporate event. Shareholders whose shares are at risk must act promptly by updating their KYC details and claiming unpaid dividends.
No impact on stock price or company operations. Shareholders who have not claimed dividends for 7+ years risk having their shares transferred to IEPF but can reclaim them later by filing an application with the IEPF Authority along with relevant documents.