Sundrop Brands Limited has informed the Exchange about Copies of Newspapers Publication on Notice to Shareholders regarding transfer of Equity Shares to Investor Education and Protection Fund pursuant to Section 124(6) of the Companies Act, 2013
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Sundrop Brands Limited has published newspaper advertisements informing shareholders about the transfer of equity shares to the Investor Education and Protection Fund (IEPF). The final dividend declared for financial year 2018-19, which remained unclaimed for seven consecutive years, will be credited to IEPF on or before 22nd August 2026. Corresponding shares on which dividends were unpaid or unclaimed for seven years will also be transferred to the IEPF demat account. The company sent physical intimation letters to affected shareholders on 13th May 2026, giving them until 7th August 2026 to claim their unclaimed dividends by contacting KFin Technologies Limited. After the deadline, shares will be transferred to IEPF without further notice, and shareholders can only reclaim them by applying to IEPF Authority through Form IEPF-5.
This is a routine regulatory compliance filing. Affected shareholders who fail to claim dividends before 7th August 2026 will lose ownership of their shares to IEPF and must then apply directly to IEPF Authority for recovery. No material impact on the company's financials or stock price is expected.