Star Paper Mills Limited has informed the Exchange about Copy of Newspaper Publication in respect of probable transfer of shares to IEPF.
STARPAPER · price
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Awaiting price reaction for this filing.
Star Paper Mills Limited has published a newspaper advertisement on 6th June 2025 in both English and vernacular newspapers about the probable transfer of equity shares to the Investor Education and Protection Fund (IEPF). This action applies to shareholders who have not claimed dividends for seven consecutive years, starting from the FY 2017-18 final dividend. The company has already sent individual notices to affected shareholders at their registered addresses urging them to claim their pending dividends. The company has also uploaded the list of impacted shareholders on its website www.starpapers.com. Shareholders are advised to act promptly to claim dividends and avoid losing their shares to the IEPF.
Shareholders with unclaimed dividends since FY 2017-18 risk having their shares permanently transferred to the IEPF if no action is taken. Investors holding such shares should contact the company or its registrar (KFin Technologies) immediately to claim dividends and prevent the transfer. This is a routine regulatory compliance notice and is unlikely to have any direct material impact on the stock price.