Swan Energy Limited has informed the Exchange about Copy of Newspaper Publication i.e. Notice to shareholders about Transfer of Shares to IEPF.
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Swan Energy Limited has published a notice in Business Standard and Mumbai Lakshdeep informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF). Shares belonging to shareholders whose dividends from FY 2017-18 (declared at the 110th AGM on September 11, 2018) have remained unclaimed for seven consecutive years will be transferred to IEPF on October 17, 2025. Shareholders have until September 30, 2025 to claim their unpaid dividends to prevent the transfer. The company has already uploaded the list of affected shareholders on its website (www.swan.co.in). For physical shares, new share certificates will be issued and original ones cancelled; demat shares will be transferred directly. Shareholders can later reclaim shares by applying to IEPF using Form IEPF-5.
This is a routine regulatory compliance filing under IEPF Rules, 2016, with no material impact on the company's operations or stock price. Only shareholders who have not claimed dividends for 7+ years are affected, and they retain the ability to reclaim their shares by filing IEPF-5 with the IEPF Authority.