SIL Investments Limited has informed the Exchange about IEPF Notice - Newspaper Publication
SILINV · price
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Awaiting price reaction for this filing.
SIL Investments Limited has submitted to the stock exchanges copies of a newspaper notice regarding the transfer of unclaimed shares to the Investor Education and Protection Fund (IEPF) Authority. The notice was published in Business Standard (English) and Dainik Bhaskar (Hindi) on or around June 24, 2025. As per Section 124 of the Companies Act, 2013 and IEPF Rules, shares whose dividend has remained unclaimed for seven or more consecutive years will be moved to the IEPF Demat Account. Shareholders have been individually notified, and full details of affected shareholders and shares are available on the company's website. Shareholders must claim their unpaid dividends on or before October 2025, after which the shares will be transferred and no further claims will be entertained against the company.
This is a routine regulatory compliance filing and is not expected to materially impact the stock price. However, shareholders who have not claimed dividends for seven or more years should act quickly to prevent their shares from being permanently transferred to the IEPF Authority.