Newspaper publication regarding notice to shareholders for the shares to be transferred to IEPF pursuant to the provisions of Investor Education and Protection Fund Authority (Accounting, ....
ULTRAMAR · price
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Ultramarine & Pigments Ltd has published a notice in The Economic Times and Maharashtra Times on 6th June 2026 informing shareholders that their shares are liable to be transferred to the Investor Education and Protection Fund (IEPF). This applies to shareholders who have not claimed their dividends for seven or more consecutive years. The company has also sent reminder letters via speed post to the concerned shareholders. The action is being taken under Section 124(6) of the Companies Act, 2013 read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Shareholders can check the company's website for details and are advised to take timely action to prevent the transfer.
Shareholders who have unclaimed dividends for 7+ years risk losing their shares, which will be moved to the IEPF. Retail investors holding shares in this company should check if they fall in this category and act quickly to claim dividends and update their records to avoid losing ownership.