BSEPOCL Enterprises LtdMinimalNeutral
Announced Thu, 11 Sept · 15:19 IST

The Company has sent 2nd reminder to the shareholders who have not yet claimed their unclaimed share certificates issued pursuant to sub-division, which has been returned undelivered to ....

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

POCL Enterprises has sent a 2nd reminder to shareholders whose share certificates issued after the sub-division of equity shares from Rs.10 to Rs.2 face value (record date 25 October 2024) were returned undelivered by post. Under SEBI Regulation 39, the company is asking these shareholders to confirm their correct address and claim their certificates. If no response is received, the unclaimed physical shares will be transferred to the company's 'Unclaimed Suspense Account'. The communication also reminds shareholders to update mandatory KYC details (PAN, postal address, mobile number, bank details, specimen signature) with the RTA, Cameo Corporate Services Ltd. Failure to provide KYC will also stop dividend payments via electronic mode from 1 April 2024 onwards. Shareholders are asked to respond within 10 days of receiving the letter.

Likely market impact

This is a routine compliance reminder with no material impact on the business or stock price. Shareholders whose post was returned undelivered should contact the RTA quickly to reclaim their shares and update KYC, otherwise their shares will move to the Unclaimed Suspense Account and dividend flow may be disrupted.