Newspaper Advertisement - Notice of transfer of equity shares to Investor Education and Protection Fund
SYNGENE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Syngene International has published a newspaper notice informing shareholders that equity shares with unpaid or unclaimed dividends for seven consecutive years (since FY 2018-19) will be transferred to the Investor Education and Protection Fund (IEPF) Authority. The company has already sent individual communications to affected shareholders and uploaded their details on the company website. Shareholders have until August 21, 2026 to claim unpaid dividends, and until August 26, 2026 to submit complete applications with required documents. After these deadlines, the company will transfer the shares to IEPF without further notice. For physical shareholdings, duplicate share certificates will be issued and original certificates will be cancelled. No future benefits will accrue on shares transferred to IEPF, though shareholders can later claim from IEPF Authority.
This filing has no direct impact on the stock price or operations. It only affects shareholders who have not claimed dividends for seven or more years, who risk losing their shares if they do not act by the deadline. Regular shareholders who consistently claim dividends are not affected.