RANEHOLDIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rane Holdings Limited has informed the stock exchanges about publishing a notice in Business Standard (English) and Hindu Tamizh Thisai (Tamil) on June 2, 2025 regarding the proposed transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The notice concerns shareholders whose dividends have remained unpaid or unclaimed for seven consecutive years, specifically relating to the final dividend for FY 2017-2018. Individual communications have been sent to the concerned shareholders, and they have until September 7, 2025 to claim their unclaimed dividends and shares. After this deadline, the company will proceed to transfer the shares to the IEPF Authority's demat account without further notice.
This is a routine regulatory compliance filing under SEBI LODR regulations and does not have any direct impact on the stock price. Shareholders who have not claimed dividends since FY 2017-18 should act before September 7, 2025 to avoid having their shares transferred to the IEPF Authority, after which claiming becomes a more cumbersome process via MCA's IEPF-5 web form.