Sharda Motor Industries Limited has informed the Exchange about Copy of Newspaper Publication
SHARDAMOTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sharda Motor Industries has submitted copies of a newspaper notice published on July 25, 2025 in 'Veer Arjun' and 'Financial Express'. The notice informs equity shareholders that their shares will be transferred to the Investor Education and Protection Fund (IEPF) Account, as required under Section 124(6) of the Companies Act, 2013 and the IEPF Rules, 2016. This action applies to shareholders who have not claimed dividends for 7 or more consecutive years. Shareholders with physical shares must update their KYC, while those with demat shares will receive the transfer via a corporate action. The last date for shareholders to act is August 25, 2025, after which shares will be moved to the IEPF without further notice.
This is a routine regulatory compliance filing. Shareholders who have not claimed dividends for 7+ years need to act before August 25, 2025 to avoid their shares being transferred to the IEPF. No material impact on the stock price or company operations is expected.