Newspaper Advertisement- Notice to shareholders regarding transfer of equity shares of the Company to Investor Education and Protection Fund (IEPF)
TATATECH · price
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Awaiting price reaction for this filing.
Tata Technologies filed a regulatory disclosure with BSE and NSE on May 21, 2025, informing exchanges about a newspaper advertisement it published in Financial Express (English) and Loksatta (Marathi). The ad is a notice to shareholders that their equity shares will be transferred to the Investor Education and Protection Fund (IEPF) because the final dividend for FY 2017-18 has remained unclaimed for over seven years. Under Section 124(6) of the Companies Act, 2013, shares linked to unclaimed dividends must be moved to the IEPF after the prescribed period. The company has additionally sent individual reminder letters to the concerned shareholders. The disclosure was signed by Company Secretary and Compliance Officer Vikrant Gandhe. BSE scrip code is 544028 and NSE trading symbol is TATATECH.
This is a routine regulatory compliance filing with no material impact on the stock price or on shareholders who regularly claim dividends. Investors who never claimed the FY 2017-18 final dividend should update their KYC details and bank information with the company or its registrar to stop their shares from being transferred to the IEPF, after which recovery becomes more difficult.