Puravankara Limited has informed the Exchange about Copy of Newspaper Publication with regard to transfer of shares to IEPF, pursuant to the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
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Awaiting price reaction for this filing.
Puravankara Limited has informed the stock exchanges about newspaper advertisements published on July 5, 2025, in Financial Express and Vijaya Karnataka. The notices inform shareholders whose dividends have remained unclaimed for 7 or more consecutive years (from FY2017-18 onwards) that their shares will be transferred to the IEPF Authority's demat account. Shareholders have until October 3, 2025, to verify details and claim their shares by submitting the prescribed IEPF-5 form. After this deadline, shares will be moved to IEPF, though shareholders can still reclaim them later by following the required process with the company's Registrar and Transfer Agent, MUFG Intime India.
This is a routine regulatory compliance filing with no direct impact on the stock price. Shareholders who have not claimed dividends since 2017-18 must act before October 3, 2025, to prevent their shares from being transferred to IEPF. Affected shareholders are urged to update KYC details and contact the RTA to verify their holdings.