UFO Moviez India Limited has informed the Exchange regarding the sent letters/email communication to the shareholders, urging them to update their KYC and bank details and to claim their unpaid/unclaimed dividend before they get transferred to Investor Education and Protection Fund ( IEPF ).
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UFO Moviez India has sent letters and emails to its shareholders reminding them to update their KYC details and bank account information with the company or its registrar. Shareholders have also been urged to claim any unpaid or unclaimed dividends they are entitled to. The reminder is important because unclaimed dividends that remain unclaimed for an extended period are required by law to be transferred to the Investor Education and Protection Fund (IEPF). After transfer, shareholders would need to follow a separate claim process with IEPF to recover their money.
This is a routine regulatory compliance communication and not a price-sensitive event. Shareholders holding UFO Moviez shares should act promptly to update their KYC and claim any pending dividends to avoid losing them permanently to the IEPF.