The Hi-Tech Gears Limited has informed the Exchange about Copy of Newspaper Publication regarding IEPF
HITECHGEAR · price
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Awaiting price reaction for this filing.
The Hi-Tech Gears Limited has informed the stock exchanges about a public notice published in Business Standard (English national edition and Hindi Delhi/Haryana edition) on August 1, 2025. The notice informs shareholders whose equity shares are due for transfer to the Investor Education and Protection Fund (IEPF) Authority. Under Section 124 and 125 of the Companies Act, 2013, shares of shareholders who have not claimed dividends for seven consecutive years — specifically the final dividend declared for FY 2017-18 — will be transferred to the IEPF DEMAT Account. The company has already sent individual communications to affected shareholders and uploaded their details on its website. Shareholders have until October 27, 2025 to respond, after which the shares will be moved to IEPF and can only be reclaimed by following the prescribed IEPF procedure.
This is a routine regulatory compliance filing and is unlikely to materially affect the stock price. Shareholders who have unclaimed dividends from FY 2017-18 should act quickly to claim their shares before the October 27, 2025 deadline, as shares transferred to IEPF can only be retrieved through a lengthy process.