TEJASNETBSETejas Networks LtdMinimalNeutral
Announced Mon, 18 May · 18:14 IST

Communication sent to the Shareholders'' about the proposed transfer of Equity Shares to IEPF.

TEJASNET · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+6.8%1-day move
₹439.90
prior close
₹442.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.8+4.4+4.6+3.7+6.8+5.5+5.8+7.8+14.5+18.2+26.5+44.4+23.2
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AI summary

Tejas Networks Ltd has sent communication to shareholders informing them that equity shares with unclaimed dividend for financial year 2018-2019 will be transferred to the Investor Education and Protection Fund (IEPF) if not claimed by August 10, 2026. This is a mandatory requirement under Section 124 of the Companies Act, 2013. The company has identified shareholders who have not encashed dividends for seven or more consecutive years. Shareholders can claim their unpaid dividend by contacting the Registrar and Transfer Agent, MUFG Intime India Pvt. Ltd., with required documents including KYC compliance. After the deadline, shares held in physical form will be reissued and transferred to IEPF, while demat shares will be debited through depositories.

Likely market impact

This is a routine regulatory compliance matter and does not indicate any financial concern. Affected shareholders risk losing their shares if they fail to claim unclaimed dividends by August 10, 2026. The filing has no material impact on Tejas Networks' stock price or operations.