Siyaram Silk Mills Limited has informed the Exchange about Copy of Newspaper Publication
SIYSIL · price
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Awaiting price reaction for this filing.
Siyaram Silk Mills has submitted copies of a newspaper notice published on 20th May 2025 in The Free Press Journal (Mumbai) and Navshakti (Mumbai). The notice informs shareholders that unclaimed dividends and corresponding equity shares, where dividends have remained unpaid for seven or more consecutive years, will be transferred to the Investor Education and Protection Fund (IEPF) Authority. This action is being taken under Section 124(6) of the Companies Act, 2013 read with the IEPF Rules, 2016, and the first batch relates to the financial year 2017-18. The company has already written individually to affected shareholders. Shareholders who want to claim these shares can file Form IEPF-5 online and submit a physical copy to the company's Registrar, MUFG Intime India (formerly Link Intime).
This is a routine compliance filing with no direct impact on the stock price. Shareholders who have not claimed dividends for 7+ years on Siyaram Silk Mills shares risk having those shares permanently transferred to the IEPF Authority; they should act quickly by submitting Form IEPF-5 to retrieve them.