Saregama India Limited has informed the Exchange about Copy of Newspaper Publication on Notice of transfer of Equity Shares of the Company to Investor Education and Protection Fund (IEPF)
SAREGAMA · price
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Awaiting price reaction for this filing.
Saregama India Limited has submitted copies of a newspaper notice published on 22nd May 2025 in Financial Express (English) and Aajkaal (Bengali). The notice informs shareholders that equity shares corresponding to the unclaimed Final Dividend for FY 2017-18, where dividends have remained unclaimed for seven consecutive years or more, will be transferred to the Investor Education and Protection Fund (IEPF) Authority on 25th August 2025. Affected members have been contacted individually and can claim their dividends on or before 20th August 2025 by contacting the company or its registrar MUFG Intime India. The notice also reminds members to update their KYC details (Forms ISR-1, ISR-2, ISR-3, SH-13, SH-14) with the registrar as mandated by SEBI. Once transferred to IEPF, no claim can be made against the company, and shares can only be reclaimed by following the procedure on www.iepf.gov.in.
This is a routine regulatory compliance filing and is unlikely to affect the stock price. Shareholders who have not claimed their Saregama dividends since FY 2017-18 risk losing their shares to the IEPF unless they act before 20th August 2025.