Copies of Newspaper Publication of Notice of Transfer of Equity Shares of the Company to Investor Education and Protection Fund Authority (IEPF).
RAJPALAYAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rajapalayam Mills has published a notice in newspapers regarding the transfer of certain equity shares to the Investor Education and Protection Fund (IEPF) Authority, as required under the Companies Act. This typically applies to shares whose dividends have remained unclaimed by shareholders for seven or more consecutive years. Shareholders whose shares are being moved to IEPF can still reclaim them by filing the prescribed claim form with supporting documents. Note: the underlying BSE filing page was not accessible (server returned an error page), so the specific number of shares, the record date, and the names of the newspaper editions are not available in this analysis.
No material impact on the stock price is expected from this routine compliance filing. However, shareholders who have not claimed dividends for several years should check whether their shares are on the transfer list and submit a claim to IEPF if they wish to recover them.