Announced Mon, 29 Jun · 19:06 IST
UBL informs members about share transfer to IEPF
Compliance View source PDF
UBL · price
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Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹1326.10
prior close
₹1322.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+1.3+0.9+2.9+1.7+1.3+3.3+2.6+0.1+5.9———
Up moveDown movePending
AI summary
United Breweries has sent a communication to its members informing them about the proposed transfer of shares to the Investor Education and Protection Fund (IEPF). As per SEBI and MCA rules, shares of shareholders who have not claimed dividends for seven or more consecutive years are transferred to the IEPF. This is a routine annual regulatory compliance intimation.
Likely market impact
Shareholders with unclaimed dividends for 7+ years risk losing shares to IEPF but can reclaim them by filing an application with the company.