Ramco Industries Limited has informed the Exchange about Copy of Newspaper Publication
RAMCOIND · price
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Awaiting price reaction for this filing.
Ramco Industries Limited has informed the exchanges about a newspaper notice published in 'Makkal Kural' and 'Financial Express' on 16 May 2025. The notice informs shareholders that shares with unclaimed dividends for 7 consecutive years or more will be transferred to the Investor Education and Protection Fund (IEPF) on or before 1 September 2025. This is being done in compliance with Section 124(6) of the Companies Act 2013 read with Rule 6(3) of the IEPF Rules. Shareholders are advised to claim their pending dividends before the deadline to avoid transfer of their shares.
This is a routine regulatory compliance filing and is unlikely to have any direct impact on the stock price. However, shareholders who have not claimed dividends for 7 or more consecutive years should act quickly to prevent their shares from being transferred to the IEPF.