Shiva Texyarn Limited has informed the Exchange about Copy of Newspaper Publication
SHIVATEX · price
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Awaiting price reaction for this filing.
Shiva Texyarn Limited has submitted to BSE and NSE copies of a newspaper notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. These are shares belonging to shareholders who have not claimed their dividend for the last 7 consecutive years, as required under Section 124 of the Companies Act, 2013. The notice was published in Business Standard and Makkal Kural on 29th July 2025. The corresponding shares will be moved to the DEMAT account of the IEPF Authority. Shareholders who wish to prevent this transfer must claim their dividends and update their KYC details with the company before the deadline.
This is a routine compliance filing and not a negative corporate event. However, shareholders who have not claimed dividends for 7+ years will permanently lose their shares to the IEPF unless they act quickly. Affected shareholders should contact the company's registered office to claim their dividends and stop the transfer.