Tube Investments of India Limited has informed the Exchange about Copy of Newspaper Publication
TIINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tube Investments of India Limited has published newspaper advertisements informing shareholders about the upcoming transfer of unclaimed dividend amounts and corresponding equity shares to the Investor Education and Protection Fund (IEPF) Authority. This transfer is mandated under Section 124(6) of the Companies Act, 2013 and IEPF Authority Rules, 2016. Specifically, for the Final Dividend declared for Financial Year 2018-19, the deadline for shareholders to claim unpaid dividends is 25th July 2026, with the actual transfer scheduled for 29th August 2026. Individual communications have been sent to affected shareholders at their registered addresses. The company has uploaded details of affected shareholders and shares on its website at https://tiindia.com/unclaimed-dividends/ for verification. Once transferred to IEPF, voting rights on such shares remain frozen until shareholders successfully claim them back from the IEPF Authority.
This filing has no direct impact on the company's stock price or operations as it is a routine regulatory compliance matter. However, affected shareholders who fail to claim their unclaimed dividends before 25th July 2026 will lose voting rights on those shares and will need to follow the IEPF recovery procedure to reclaim them.