Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we enclose herewith the specimen copy of the notice sent to shareholders to claim their equity shares which are otherwise ....
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Awaiting price reaction for this filing.
Sumedha Fiscal Services Ltd has sent notices to shareholders whose dividends have remained unclaimed for seven consecutive years (FY 2017-18 onwards), warning that their equity shares will be transferred to the Investor Education and Protection Fund (IEPF) Authority. Under Section 124(6) of the Companies Act, 2013 and the IEPF Rules 2016, shares linked to unclaimed dividends for 7+ years must be moved to the IEPF's demat account. Shareholders have until 8th October 2025 to claim their outstanding dividends and update bank details with the Registrar — Maheshwari Datamatics Private Limited. If no action is taken, shares will be transferred without further notice, and the company will issue new share certificates (for physical shares) or initiate a corporate action (for demat shares) in favour of IEPF. Shareholders can later reclaim shares from IEPF by filing Form IEPF-5 on the MCA portal.
This is a routine regulatory compliance filing and is neutral for the stock price. Shareholders with unclaimed dividends from FY 2017-18 should act before 8th October 2025 to avoid losing their shares to the IEPF, though they retain the right to reclaim shares later via Form IEPF-5.