Submission of newspaper publication w.r.t. Intimation of proposed transfer of eligible equity shares to IEPF Authority due to unclaimed dividend of seven consecutive years from FY 2018-19.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Swastika Investmart Ltd has informed BSE about a newspaper advertisement published on June 10, 2026, in Active Times (English) and Mumbai Lakshadeep (Marathi), notifying shareholders about the proposed transfer of their equity shares to the IEPF Authority. This action applies to shareholders who have not claimed dividends for seven consecutive years starting from FY 2018-19, as required under Section 124(6) of the Companies Act, 2013 read with IEPF Rules, 2016. The company has already sent individual notices to affected shareholders on June 8, 2026, and uploaded the complete list on its website www.swastika.co.in. Shareholders have until September 10, 2026 to claim their unpaid dividends; otherwise, shares will be transferred to the IEPF Demat Account without further notice.
Shareholders who have not claimed dividends since FY 2018-19 risk losing their equity shares, which will be transferred to the IEPF Authority if no action is taken by September 10, 2026. However, even after transfer, shareholders can reclaim both the shares and dividends by filing e-form IEPF-5, so this does not affect active shareholders who keep their records updated.