SMS Pharmaceuticals Limited has informed the Exchange about Reminder Letter for transfer of shares to Investor Education and Protection Fund (IEPF)
SMSPHARMA · price
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SMS Pharmaceuticals Limited has sent reminder letters on 8th July 2025 to shareholders who have not claimed their dividends for seven or more consecutive years, covering unpaid dividends from FY 2017-18 through FY 2023-24. Under Section 124(6) of the Companies Act, 2013, if these shareholders do not claim their dividends by 5th October 2025, their equity shares (both physical and demat) will be transferred to the IEPF Account. Shareholders can still recover their shares later by filing Form IEPF-5 with the IEPF Authority. The Registrar handling the process is Aarthi Consultants Pvt. Ltd., based in Hyderabad.
This is a routine annual regulatory compliance under SEBI LODR and the Companies Act, with no material impact on the company's operations or financials. Only the specific shareholders who fail to claim their long-pending dividends risk having their shares transferred to the IEPF, where they remain recoverable but with additional paperwork.