Newspaper advertisement published in the economics times and Maharashtra Times on 10th June, 2025 regarding notice to the shareholders for the shares to be transferred to IEPF pursuant ....
ULTRAMAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ultramarine & Pigments Ltd has published a notice in The Economic Times and Maharashtra Times on June 10, 2025, informing shareholders whose dividends have remained unclaimed for seven or more consecutive years that their shares are liable to be transferred to the Investor Education and Protection Fund (IEPF). The company has already sent reminder letters via registered post to the concerned shareholders. As per Section 124(6) of the Companies Act, 2013, if no communication is received from the shareholders by August 31, 2025, the shares will be transferred to the IEPF by the due date. Once transferred, the original share certificates will become non-negotiable, and shareholders can still claim the shares by following the refund procedure from IEPF. The full list of affected shareholders is available on the company's website under investor information.
This is a routine regulatory compliance filing and does not affect the company's operations or financials. Only shareholders who have not claimed dividends for 7+ years and have not updated their KYC details are impacted. Existing active shareholders should not be concerned.