Sonata Software Limited has informed the Exchange about Copy of Newspaper Publication regarding transfer of equity shares of the Company to IEPF.
SONATSOFTW · price
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Awaiting price reaction for this filing.
Sonata Software has informed the stock exchanges that it published a notice in Business Standard (English) and Navshakthi (Marathi) on June 20, 2025 about transferring certain equity shares to the Investor Education and Protection Fund (IEPF). Under Section 124(6) of the Companies Act, 2013, shares whose dividends have remained unclaimed for 7 or more consecutive years are eligible for transfer to IEPF. Shareholders who wish to prevent this transfer must submit Form IEPF-5 along with required documents to the company's Registrar (KFin Technologies) on or before September 9, 2025. The company has also made the advertisement available on its investor relations webpage.
This is a routine regulatory compliance filing with no material impact on the stock price. Shareholders who have not claimed dividends for 7+ years should act quickly to prevent their shares from being transferred to the IEPF, after which the recovery process becomes more cumbersome.