SAREGAMABSESaregama India LtdMinimalNeutral
Announced Wed, 13 May · 13:56 IST

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

Price reaction · full curve 14 horizons · vs prior close
+15.3%1-day move
₹334.65
prior close
₹336.35
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.0+0.2+0.1+15.3+20.2+16.7+17.7+22.5+19.5+35.6+38.1+49.4
Up moveDown movePending
AI summary

Saregama India Limited has published a newspaper notice informing shareholders that equity shares with unclaimed dividends for seven consecutive years or more will be transferred to the IEPF as mandated under Section 124(6) of the Companies Act, 2013. Specifically, the Final Dividend for Financial Year 2018-19 that remains unclaimed will be transferred along with corresponding shares to the IEPF demat account on Monday, 17th August, 2026. The company has already communicated with affected members at their registered addresses and has listed details on its website. The deadline for shareholders to claim the dividend and avoid transfer is Tuesday, 11th August, 2026. The notice also reminds members to complete KYC updation with the RTA (MUFG Intime India Private Limited) as mandated by SEBI before any transaction.

Likely market impact

Shareholders who have not claimed the FY 2018-19 dividend risk losing their shares to IEPF on 17 August 2026. After transfer, no claim shall lie against the company; shareholders must instead follow IEPF recovery procedures via iepf.gov.in.