Announced Thu, 29 May · 18:48 IST

Intimation to the Equity Shareholders of the Company with respect to transfer of equity shares to Investor Education and Protection Fund

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Uni Abex Alloy Products Ltd has informed the stock exchanges that individual letters have been sent on 29 May 2025 to shareholders whose dividends have remained unclaimed or unpaid for seven consecutive years, starting from financial year 2017-18 onwards. Under Section 124(5) and 124(6) of the Companies Act, 2013, both the unclaimed dividends and the corresponding equity shares are required to be transferred to the Investor Education and Protection Fund (IEPF) established by the Central Government. Shareholders have been given until 18 August 2025 to submit their claim, failing which their shares (physical or electronic) will be transferred to IEPF by 7 September 2025. Shareholders can later recover their shares and dividends by filing E-Form IEPF-5 with the MCA. A sample of the intimation letter has been annexed and is also available on the company's website.

Likely market impact

This is a routine regulatory compliance disclosure aimed at specific shareholders with unclaimed dividends and does not affect the broader shareholder base or stock price. Concerned shareholders should act before 18 August 2025 to avoid losing their shares to the IEPF.