Poddar Pigments Limited has informed the Exchange about Copy of Newspaper Publication
PODDARMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Poddar Pigments Limited has submitted copies of a newspaper publication that appeared in Business Standard (English) and Nafa Nuksan (Hindi) on 19 July 2025. The notice informs shareholders that equity shares whose dividends have remained unclaimed for 7 or more consecutive years will be transferred to the Investor Education and Protection Fund (IEPF) Authority, as required under Section 124 of the Companies Act, 2013 and the IEPF Rules, 2016. The company has already sent individual notices to the affected shareholders at their registered addresses. Shareholders have until 25 October 2025 to claim their unpaid dividends and stop the transfer, after which the shares will be moved to the IEPF Demat Account. A list of shareholders whose shares are at risk is available on the company's website at www.poddarpigmentsltd.com.
This is a routine regulatory compliance filing and is unlikely to move the stock price. However, shareholders who have not claimed their dividends for 7+ years must act before 25 October 2025, or their shares will be permanently transferred to the IEPF Authority, after which recovery is a more complex process.