Torrent Power Limited has informed the Exchange about Copy of Newspaper Publication of Notice to Members.
TORNTPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Torrent Power Limited has submitted copies of newspaper advertisements published on June 3, 2025, in The Financial Express (English – All India and Gujarati – Ahmedabad editions), as required under SEBI LODR Regulations. The notice informs shareholders about two matters: (1) equity shares whose dividends have remained unclaimed for seven consecutive years are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority, with a deadline of September 6, 2025, for affected shareholders to claim; and (2) tax deduction at source (TDS) on the Final Dividend for FY 2024-25, which is subject to shareholder approval at the upcoming AGM. The company has individually contacted concerned shareholders and posted the TDS communication on its website. This is a routine compliance disclosure filed by Rahul Shah, Company Secretary.
No impact on stock price — this is a standard regulatory disclosure. Shareholders with unclaimed dividends for 7+ years should act before September 6, 2025, to prevent transfer of their shares to the IEPF. The TDS note is informational and relevant for shareholders ahead of the final FY 2024-25 dividend.