Solara Active Pharma Sciences Limited has informed the Exchange about Copy of Newspaper Publication for transfer of unclaimed shares to IEPF account
SOLARA · price
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Awaiting price reaction for this filing.
Solara Active Pharma Sciences has published a newspaper notice informing shareholders about transferring unclaimed shares to the Investor Education and Protection Fund (IEPF) account. This is a routine regulatory compliance under the Companies Act, where shares whose dividends have remained unclaimed for seven consecutive years are moved to the IEPF. Shareholders whose shares are being transferred can still claim them back by following the IEPF refund process. The publication serves as a final public notice before the actual transfer takes place.
This is a routine compliance filing with no direct impact on the stock price. However, retail investors who have unclaimed dividends or dormant shareholdings in Solara should act quickly to claim their shares before the transfer deadline, as recovery from IEPF involves a longer process.