The New India Assurance Company Limited has informed the Exchange about Copy of Newspaper Publication
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Awaiting price reaction for this filing.
The New India Assurance Company Limited has submitted copies of newspaper advertisements published on 7th June 2025 in Loksatta (Marathi) and Jansatta (Hindi) editions. The notices inform equity shareholders that their shares are proposed to be transferred to the IEPF (Investor Education and Protection Fund) Account because dividends have remained unpaid or unclaimed for seven consecutive years (from FY 2017-18 onwards). The original notice was submitted to the exchanges on 1st June 2025. Shareholders have until 4th September 2025 to claim their dividends and prevent the transfer. The company's Registrar and Transfer Agent (RTA) is MUFG Intime India Private Limited. The notice has also been made available on the company's website at www.newindia.co.in.
This is a routine regulatory compliance filing and is unlikely to have a material impact on the stock price. However, shareholders who have not claimed dividends since FY 2017-18 should take note and act before the 4th September 2025 deadline to avoid having their shares transferred to the IEPF, after which claiming them back becomes a more cumbersome process.