Notice for attention of Equity Shareholders of the Company in respect of transfer of Equity shares and Unclaimed Dividend to IEPF.
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Awaiting price reaction for this filing.
Simmonds Marshall Ltd has informed BSE that it has published newspaper notices on July 29, 2025, in Navshakti (Marathi) and The Free Press Journal (English). The notices are directed at equity shareholders and inform them about the upcoming transfer of certain equity shares and unclaimed dividends to the Investor Education and Protection Fund (IEPF). This action is being taken in compliance with Section 124(6) of the Companies Act, 2013, read with the IEPF Authority Rules, 2016. Under these rules, shares whose dividends have remained unclaimed for seven consecutive years, along with those dividends, are moved to the IEPF. Shareholders who have not claimed their dividends for several years are advised to act before the transfer takes place.
This is a routine regulatory compliance filing and does not directly affect the stock price. However, shareholders who have unclaimed dividends or shares from older holdings should claim them before the transfer deadline to avoid losing them to the IEPF, from where recovery is possible but cumbersome.