SAURASHCEMNSESaurashtra Cement LimitedMinimalNeutral
Announced Thu, 29 May · 12:49 IST

Pursuant to Regulation 30 & 47 of the Securities and Exchange Board of India (Listing Obligationsand Disclosure Requirements) Regulations, 2015, as amended from time to time, we herebyenclose copies of the notice to Equity Shareholders of the Company regarding transfer of equityshares of the Company to Investor Education and Protection Fund (IEPF) Account, published onThursday, May 29, 2025.

SAURASHCEM · price

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Price reaction · full curve

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AI summary

Saurashtra Cement Limited has published a notice to its equity shareholders informing them about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF) Account. This is a regulatory requirement under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The notice was published in newspapers on Thursday, May 29, 2025. Typically, shares are moved to the IEPF when dividends remain unclaimed by shareholders for seven or more consecutive years. Shareholders whose shares are at risk of being transferred are advised to claim their pending dividends and update their records before the transfer deadline.

Likely market impact

Shareholders who have unclaimed dividends for 7+ years risk losing their shares to the IEPF. Affected investors should act quickly to claim pending dividends and update KYC details with the company or its registrar to prevent the transfer, after which recovery becomes a longer and more complex process.