UFO Moviez India Limited has informed the Exchange about Newspaper Publication of Notice of Transfer of Equity Shares of the Company to Investor Education and Protection Fund
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UFO Moviez India Limited has published a notice in The Financial Express and Loksatta on March 19, 2026, informing shareholders about the upcoming transfer of unclaimed dividends and underlying equity shares to the IEPF. This action applies to shareholders who have not claimed their dividends for seven or more consecutive years, as required under Section 124(6) of the Companies Act, 2013. The transfer relates to unpaid dividends from FY 2018-19 and is scheduled to take effect on June 27, 2026. Shareholders have been sent reminder letters dated March 18, 2026, and have until June 20, 2026 to claim their dividends. Once shares are transferred to IEPF, shareholders can still reclaim them by filing Form IEPF-5 with the authority.
This is a routine regulatory compliance filing and is not expected to have a material impact on the stock price. It serves as a final reminder to specific shareholders to claim their long-pending dividends, failing which their shares will be permanently transferred to the government's IEPF account.