Pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015, please find enclosed specimen of notice sent to the respective shareholders who have not encashed or claimed their dividend for ....
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Prima Plastics Ltd has informed BSE about a notice sent to shareholders who have not claimed their dividends for seven consecutive years or more, starting with the final dividend for FY 2018-19. As per Section 124(5) and (6) of the Companies Act, 2013, these unclaimed dividends and the corresponding equity shares are liable to be transferred to the IEPF, a government-constituted fund. Shareholders have until September 05, 2026 to claim their dividends by submitting KYC documents, a Letter of Undertaking, and cancelled cheques to the company's Registrar (Bigshare Services). After this deadline, the company will initiate the transfer of shares to the IEPF Demat Account without further notice. Shareholders who miss the deadline can still reclaim their shares later by applying to IEPF using Form IEPF-5.
This is a routine regulatory compliance filing and not a material corporate event. There is no direct impact on the stock price. Shareholders with unclaimed dividends since FY 2018-19 risk losing their shares to the IEPF if they do not act before September 5, 2026, though they retain the right to claim them back later through IEPF.