SPALNSES. P. Apparels LimitedMinimalNeutral
Announced Sat, 12 Jul · 17:35 IST

S. P. Apparels Limited has informed the Exchange about Copy of Newspaper Publication

SPAL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

S. P. Apparels Limited has informed BSE and NSE about newspaper notices published on 12th July 2025 regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF). The notice was published in Business Line (English) and Makkal Kural (Tamil) as required under Section 124(6) of the Companies Act 2013 read with IEPF Rules, 2016. The action relates to shares whose final dividends have remained unclaimed for 7 consecutive years (since FY2017-18). The company has individually communicated with the concerned shareholders and made the list available on its website. Shareholders have until 10th October 2025 to claim their shares and dividends, after which they will be transferred to the IEPF Authority without further notice. Shareholders can contact the company's registrar MUFG in Coimbatore for the prescribed refund procedure.

Likely market impact

This is a routine regulatory compliance filing and has no impact on the company's operations, financials, or stock price. However, shareholders who have not claimed dividends for 7 or more consecutive years must act before 10th October 2025 to avoid losing their shares to the IEPF.