PVR INOX Limited has informed the Stock Exchange about notice to shareholders in respect to transfer of shares to IEPF.
PVRINOX · price
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PVR INOX has issued a notice to shareholders informing them that shares of those who have not claimed dividends for seven or more consecutive years will be transferred to the Investor Education and Protection Fund (IEPF), as required under the Companies Act, 2013. This is a routine regulatory compliance communication to alert shareholders before the transfer happens. Shareholders whose shares are at risk can still claim them back by following the prescribed process before the transfer deadline. The company has also shared details on how to file claims and update KYC/contact details.
This is a routine compliance notice and is unlikely to impact the stock price. Shareholders who haven't claimed dividends for 7+ years should act promptly to prevent their shares from being moved to IEPF, though they can still reclaim them later through a defined process.