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Saven Technologies has sent reminder letters to shareholders who have not claimed dividends for seven or more consecutive years, with the primary focus on Final Dividend 2019-20 declared on 23rd July 2019. The company published newspaper advertisements in Financial Express and Andhra Prabha newspapers on 20th May 2026. Under Section 124(6) of the Companies Act, 2013 read with IEPF Rules, 2016, unclaimed dividends and associated shares must be transferred to the Investor Education and Protection Fund (IEPF) authority. The deadline for shareholders to claim is 22nd August 2026. After this date, unclaimed amounts and shares will be transferred to IEPF without further notice. Shareholders can still reclaim amounts from IEPF by filing Form IEPF-5.
This is a standard regulatory compliance filing with no direct impact on stock price. Shareholders with unclaimed dividends should respond by 22nd August 2026 to avoid losing their claims — dividends and shares can still be reclaimed from IEPF later, but with additional paperwork.