Announced Wed, 22 Jul · 13:03 IST
Sakthi Finance: IEPF transfer notice to shareholders with unclaimed dividends since FY19
Compliance View source PDF
Price
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AI summary
Sakthi Finance has sent intimation letters to specific shareholders whose dividends have remained unclaimed for seven consecutive years from FY 2018-19 to FY 2024-25. Under Section 124(6) of the Companies Act, such shares will be transferred to IEPF. Shareholders must claim the FY 2018-19 dividend by 15 October 2026, otherwise shares and dividends will be transferred to IEPF and share certificates cancelled. Claims via MUFG Intime or IEPF Form 5.
Likely market impact
Procedural reminder to specific shareholders only; no broad impact on company or stock. Affected shareholders must act by 15 October 2026 to retain their shares.