SML Isuzu Limited has informed regarding 'Notice to Shareholders related to transfer of equity shares of the Company to Investor Education and Protection Fund (IEPF) Account'.
SMLMAH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SML Isuzu Limited has issued notices to shareholders whose dividends have remained unclaimed for seven consecutive years or more since FY 2017-18. These unclaimed dividends along with the corresponding equity shares are set to be transferred to the Investor Education and Protection Fund (IEPF) on 13th September 2025. Affected shareholders have unclaimed dividends from FY 2017-18, FY 2018-19, and FY 2023-24 (the company did not declare dividends from FY 2019-20 to FY 2022-23). Shareholders must claim their dividends by 30th August 2025 by submitting required documents including PAN card, address proof, cancelled cheque, and a signed letter of undertaking to the Registrar (MCS Share Transfer Agent Limited) or the company. Once transferred, shares' voting rights will be frozen and all future corporate benefits will be credited to IEPF, though shareholders can still reclaim them later via Form IEPF-5.
This is a routine regulatory compliance action under Section 124(6) of the Companies Act, 2013, with no direct impact on the stock price or majority shareholders. Only shareholders who have not claimed dividends since FY 2017-18 are affected; they should act before 30th August 2025 to avoid losing their shares to the IEPF.