Enclosed 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.
Awaiting price reaction for this filing.
Rajapalayam Mills Limited has published newspaper notices (in English and Tamil) informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. Under Section 124(6) of the Companies Act, 2013, shares whose dividends have remained unclaimed for seven consecutive years or more will be moved to the IEPF. The company has already sent individual registered post notices to affected shareholders. Shareholders must claim their dividends on or before 20th July 2025 to avoid the transfer, which is scheduled to be completed by 8th September 2025. The full list of shareholders and shares due for transfer is available on the company's website. Shareholders who miss the deadline can still reclaim their shares later by applying online to the IEPF Authority.
This is a routine regulatory filing and not a new corporate event — it is essentially a public reminder. For shareholders who have unclaimed dividends from Rajapalayam Mills for 7+ years, this is an actionable deadline: they must act before 20th July 2025 or risk having their shares transferred to the government-run IEPF account. The transfer itself is procedural and unlikely to affect the stock price, but it serves as a warning for inactive shareholders to verify their holdings.