Rallis India Limited has informed the Exchange about Copy of Newspaper Publication
RALLIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rallis India Limited has submitted copies of newspaper advertisements published on April 9, 2025 in Business Standard (All India), Free Press Journal (Mumbai), and Navshakti (Mumbai) regarding the upcoming transfer of shareholders' equity shares to the IEPF Authority. This is a mandatory notice to shareholders whose dividends have remained unclaimed for seven or more consecutive years, as required under Section 124(6) of the Companies Act, 2013. Shareholders have been asked to claim their unpaid dividends by August 1, 2025, failing which their shares will be transferred to the IEPF Demat Account without further notice. Individual circular letters have also been dispatched to affected shareholders via registered post.
This is a routine regulatory compliance filing and does not have a direct material impact on the stock price. However, shareholders who have not claimed dividends since FY 2017-18 should act before the August 1, 2025 deadline to avoid losing their shares to the IEPF Authority.