Steel Strips Wheels Limited has informed the Exchange about Copy of Newspaper Publication. Notice to Shareholders - Transfer of Equity Shares to Investor Education and Protection Fund Authority (IEPFA)
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Steel Strips Wheels Limited has submitted to the stock exchanges copies of a newspaper advertisement published on 31 July 2025 in Financial Express (English) and Desh Sewak (Punjabi). The notice is addressed to shareholders informing them that equity shares corresponding to dividends which have remained unclaimed for seven or more consecutive years will be transferred to the Investor Education and Protection Fund Authority (IEPFA). The filing is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders are advised to update their KYC details (PAN, bank account, etc.) and/or claim their unclaimed dividends before the specified date to prevent the transfer, with the indicative date of 5 November 2025 mentioned in the company's supporting document link.
This is a routine regulatory disclosure with no direct impact on the stock price. Shareholders who have not claimed dividends for 7+ years risk losing ownership of those shares to the IEPF, but can reclaim them later by following the prescribed process.