SML Isuzu Limited has informed the Exchange about Copy of Newspaper Publication-notice to shareholders about the proposed transfer of unclaimed dividend (FY 2017-18) and shares to Investor Education and Protection Fund Authority
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Awaiting price reaction for this filing.
SML Isuzu Limited has published a notice in Financial Express, The Indian Express, and Ajit (Punjabi) on 4th June 2025 informing shareholders about the proposed transfer of unclaimed dividend for FY 2017-18 and corresponding shares to the Investor Education and Protection Fund (IEPF) Authority. Under Section 124 of the Companies Act, 2013, shares where dividend has remained unclaimed for seven consecutive years from FY ended 31st March 2018 will be transferred to IEPF on 13th September 2025. The company has uploaded the list of concerned shareholders on its website and sent individual letters to them. Shareholders must claim their unclaimed dividends by 30th August 2025 to avoid transfer of their shares to the IEPF Authority.
This is a routine regulatory compliance filing with no material impact on the stock price. Shareholders who have unclaimed dividends from FY 2017-18 or earlier should act before 30th August 2025 to claim their dues and prevent their shares from being transferred to the IEPF Authority.