Shakti Pumps (India) Limited has informed the Exchange about Newspaper Publication related to proposed transfer of equity shares of the Company toInvestor Education and Protection Fund (IEPF) Account
SHAKTIPUMP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shakti Pumps (India) Limited has published newspaper advertisements in Business Standard (Hindi) and Free Press Journal (English) on July 29, 2025, informing shareholders about a proposed transfer of certain equity shares to the Investor Education and Protection Fund (IEPF) Account. The transfer applies to shares where dividends have remained unclaimed for seven consecutive years or more, as required under the Companies Act, 2013. The company has uploaded the list of affected shareholders and shares on its website www.shaktipumps.com. The filing was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is a routine regulatory compliance filing with no material impact on the stock price. Shareholders who have not claimed dividends for seven or more consecutive years risk having their shares transferred to the IEPF, and they should update their records or claim pending dividends to avoid losing their shares.