SOLARABSESolara Active Pharma Sciences LtdMinimalNeutral
Announced Fri, 26 Jun · 17:56 IST

Solara sending IEPF transfer notices for FY19 unclaimed dividend shares

SOLARA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹569.90
prior close
₹568.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.7+0.6+1.6+1.3-0.6+0.7+1.2-1.8-2.1+0.2
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AI summary

Solara Active Pharma Sciences is notifying shareholders whose dividend from FY2018-19 has remained unclaimed for 7 or more consecutive years that their equity shares will be transferred to the IEPF Authority. The deadline for affected shareholders to claim their unpaid dividend is September 10, 2026, after which the shares will move to IEPF and future benefits will be credited there. Shareholders can reclaim shares later by filing Form IEPF-5. The company has asked shareholders to submit PAN, Aadhaar, cancelled cheque and other KYC documents to its RTA Cameo Corporate Services before the deadline.

Likely market impact

No impact on active shareholders. Only affects those who never claimed the FY2018-19 dividend. Routine compliance filing, not material to the stock price.