BSETitan Biotech LtdMinimalNeutral
Announced Fri, 16 May · 15:55 IST

The Titan Biotech Limited has send a notice to the concerned shareholder and publish the notice in the newspaper to concerned shareholders whose dividend(s) are unclaimed for 7 consecutive ....

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Titan Biotech Ltd has published newspaper advertisements and sent reminder letters to shareholders whose dividends have remained unclaimed for 7 consecutive years. The notice appeared in Financial Express (English) and Naya India (Hindi) on May 16, 2025. Under Section 124 of the Companies Act 2013, dividends unclaimed for 7 years along with the corresponding shares will be transferred to the Investor Education and Protection Fund (IEPF) Authority. Shareholders have until September 30, 2025 to claim their unpaid dividends, including those from FY 2017-18, by submitting the required indemnity letter and bank details to the company's Registrar (Beetal Financial & Computer Services Pvt Ltd).

Likely market impact

This is a routine regulatory compliance filing with no material impact on the stock price or business. Shareholders who haven't claimed their dividends risk losing both the unclaimed dividend amount and the underlying shares, which will be transferred to the IEPF.