Newspaper Advertisement of IEPF Reminder Letters
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Polychem Ltd has published newspaper advertisements reminding shareholders about the mandatory transfer of shares to the Investor Education and Protection Fund (IEPF). Shareholders who have not claimed dividends for seven consecutive years (from 2018-19 onwards) must claim their unpaid dividends by August 10, 2026, failing which their shares will be transferred to IEPF. The company has uploaded shareholder details and unclaimed dividend information on its website www.polychemltd.com. After transfer to IEPF, shareholders can only reclaim their shares by filing IEPF-5 form with the IEPF Authority. This is a mandatory regulatory compliance under Section 124(6) of the Companies Act, 2013.
Shareholders with unclaimed dividends for 7+ years face permanent loss of voting rights and dividends from these shares unless they act before the deadline. The company's free float may reduce slightly after the transfer.