Advertisement in Newspapers about transfer of Dividend and Equity shares to Investor Education and Protection Fund.
SOBHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sobha Limited has published a notice in Businessline (English) and Prajavani (Kannada) newspapers regarding the upcoming transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF), as required under Section 124(6) of the Companies Act, 2013. Dividends declared for FY 2017-18 that have remained unclaimed for seven consecutive years will be transferred to IEPF on or after September 12, 2025. Correspondingly, equity shares of shareholders who have not claimed dividends for seven consecutive years starting from FY 2017-18 will also be transferred to IEPF by October 11, 2025. The company has already sent individual notices to affected shareholders and uploaded the full list of impacted shareholders on its website www.sobha.com. Shareholders are urged to claim their dividends before the September 12, 2025 deadline.
This is a routine regulatory compliance filing and does not impact the company's financials or operations. Shareholders of Sobha Limited who have not claimed dividends since FY 2017-18 should act quickly to claim their dividends or risk having their shares transferred to IEPF, though shares can be reclaimed later by following the IEPF refund process.