Newspaper advertisement for transfer of Equity shares of the Company to IEPF
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Awaiting price reaction for this filing.
TCFC Finance Limited has published a newspaper advertisement on June 7, 2025, in Financial Express (English) and Mumbai Lakshadeep (Marathi), informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF). The transfer applies to shares where dividends have remained unpaid or unclaimed for seven consecutive years, specifically relating to the financial year 2017-2018. This action is taken under Sections 124(6) and 125 of the Companies Act, 2013, read with the IEPF Authority Rules, 2016. Shareholders have until September 10, 2025, to claim their unpaid dividends or update their bank/folio details to prevent their shares from being transferred to IEPF. The notice was filed with BSE on June 9, 2025, by Company Secretary Zinal Shah.
Shareholders with unclaimed dividends from FY 2017-2018 must act before September 10, 2025, to claim their dividends and avoid having their shares transferred to IEPF. This is a routine regulatory compliance filing and is not expected to have any material impact on the stock price.