RSWM Limited has informed the Exchange about Communication to Shareholders for claiming unclaimed dividends whose shares are liable to transfer to IEPF Authority.
RSWM · price
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Awaiting price reaction for this filing.
RSWM Limited (part of LNJ Bhilwara Group) has sent a formal reminder to shareholders whose dividends have remained unclaimed for seven consecutive years. Under Section 124(6) of the Companies Act, 2013, shares corresponding to such unclaimed dividends will be transferred to the Investor Education and Protection Fund (IEPF) Authority if not claimed. Shareholders have been given a deadline of October 17, 2025 to claim their dividends by submitting a letter of undertaking, PAN card, address proof, and cancelled cheque to the company's Registrar and Transfer Agent, MCS Share Transfer Agent Limited. The company has made the full list of affected shareholders available on its website at www.rswm.in. Once shares are transferred to the IEPF, shareholders can still reclaim them by applying to the IEPF Authority, but the process becomes more cumbersome.
This is a routine regulatory compliance filing with no direct impact on the stock price or business operations. Shareholders holding unclaimed dividends in RSWM should act before October 17, 2025 to avoid having their shares automatically transferred to the IEPF Authority.