Advertisement published in newspapers in compliance with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
PIRAMALFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Piramal Finance Limited has published newspaper advertisements informing shareholders about the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. Under the Companies Act, 2013 and IEPF Rules, 2016, shares where dividends remain unclaimed for seven consecutive years or more must be transferred to IEPF. The company has identified shareholders with unclaimed dividends from FY 2018-19 and earlier. Affected shareholders have until 20th August 2026 to claim their dividends and avoid share transfer. After this deadline, the company will transfer the shares to IEPF's demat account without further notice. The share transfer affects both physical and dematerialized shareholdings.
Shareholders with unclaimed dividends from FY 2018-19 and earlier may lose their shares if they do not claim by 20th August 2026. The company's compliance with IEPF regulations is routine and has no direct impact on stock price, but affected investors should act to protect their holdings.