Newspaper Publication- Notice to Shareholders regarding Transfer of Equity Shares of Punjab National Bank to Investor Education & Protection Fund (IEPF)
PNB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Punjab National Bank has published a newspaper notice informing shareholders about the transfer of equity shares to the Investor Education and Protection Fund (IEPF). This is a routine regulatory action where shares belonging to shareholders who have not claimed dividends for seven consecutive years are moved to the IEPF. The notice serves as a final reminder to shareholders to update their KYC details and claim their dividends and shares before the transfer takes place. Shareholders whose shares are liable for transfer will receive individual notices from the bank. This is a standard compliance requirement under the IEPF Authority Rules and applies across all listed companies.
This is a routine regulatory notice and does not impact PNB's operations or business. Shareholders who have unclaimed dividends or inactive accounts should act quickly to file claims with the bank to avoid having their shares transferred to the IEPF, where recovery becomes more difficult.