Newspaper notice published for IEPF share transfer
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Rane (Madras) Limited has published a notice in newspapers regarding transfer of shares to the Investor Education and Protection Fund (IEPF). This is a routine compliance step before shares of shareholders who have not claimed dividends for seven or more consecutive years are moved to the IEPF authority. Shareholders whose shares are at risk of being transferred can still claim them by updating KYC details and submitting required documents before the deadline mentioned in the notice.
Routine compliance filing. Shareholders with unclaimed dividends for 7+ years should act quickly to claim shares before transfer to IEPF.