Quess Corp Limited has informed the Exchange about 'Reminder Letter to shareholders for claiming unclaimed dividends and updation of KYC Information'
QUESS · price
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Quess Corp Limited has sent reminder letters to shareholders asking them to claim unclaimed dividends and update their KYC details. The reminder covers unpaid dividends for Financial Years 2020-21 and 2021-22. Shareholders holding physical shares must submit KYC forms (ISR-1, ISR-2, SH-13) to the RTA MUFG Intime India Private Limited. SEBI has mandated that holders of physical securities must provide PAN, nomination details, and KYC information. If dividends remain unclaimed for 7 consecutive years, they will be transferred to the Investor Education and Protection Fund (IEPF) as per the Companies Act, 2013.
This is a routine compliance filing with no direct impact on the company's financials or stock price. Shareholders with unclaimed dividends should act promptly to avoid losing their dividend amounts to IEPF.