Newspaper advertisement on Notice given to the Shareholders to transfer Interim Dividend and Equity Shares of the Company to the IEPF.
SINGERIND · price
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Awaiting price reaction for this filing.
Singer India Limited has published a notice in The Financial Express (English) and The Jansata (Hindi) informing shareholders that equity shares with unclaimed interim dividend for seven consecutive years from FY 2018-19 onwards are liable to be transferred to the Investor Education and Protection Fund (IEPF). The action is being taken under Section 124(6) of the Companies Act, 2013, read with the IEPF Authority Rules, 2016. Shareholders have been contacted individually and the list is available on the company's website (www.singerindia.com). Concerned shareholders must approach the company with necessary documents by February 28, 2026, failing which the dividend and/or shares will be transferred to the IEPF Authority's demat account.
Shareholders who have not claimed interim dividends since FY 2018-19 risk losing both their unclaimed dividends and underlying equity shares to the IEPF. Existing shareholders should review the company's website to check if they are on the transfer list and act before the February 28, 2026 deadline to recover their entitlements. This is a routine regulatory compliance filing and is unlikely to materially affect the stock price.