Sinclairs Hotels Limited has informed the Exchange about Copy of Newspaper Publication of notice to shareholders regarding transfer of unpaid dividend for FY 2018-19 and the corresponding equity shares to IEPF

Sinclairs Hotels Limited has published a newspaper notice informing shareholders about the upcoming transfer of unpaid dividends for the financial year 2018-19 to the Investor Education and Protection Fund (IEPF). Along with the unclaimed dividends, the corresponding equity shares of those shareholders will also be transferred to IEPF. This is a routine regulatory step taken after the statutory 7-year claim period has expired. Shareholders who have not yet claimed their FY 2018-19 dividends are urged to do so before the transfer takes place. Once transferred, shares and dividends can still be reclaimed from IEPF, but the process is more lengthy and involves additional documentation.