The Company has sent reminder to the shareholders who have not yet claimed their unclaimed share certificates issued pursuant to sub-division, which has been returned undelivered to the ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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POCL Enterprises has sent reminder letters to shareholders whose share certificates, issued after the sub-division of equity shares from Rs.10 face value to Rs.2 face value (record date October 25, 2024), were returned undelivered by postal authorities. The company is asking these shareholders to confirm their correct addresses and update KYC details (PAN, postal address, mobile number, bank account, specimen signature) with the Registrar, Cameo Corporate Services Ltd. If shareholders do not respond, the unclaimed physical shares will be transferred to the company's 'Unclaimed Suspense Account' as required under Regulation 39 of SEBI LODR Regulations, 2015. The company also notes that from April 1, 2024, dividends on physical shares will only be paid electronically once PAN and KYC details are furnished.
This is a routine regulatory compliance communication with no direct impact on the stock price or general shareholders. Only specific shareholders whose share certificates were returned undelivered need to act within 10 days to claim their shares or update their details, failing which their shares will move to the Unclaimed Suspense Account.