United Breweries Limited has informed the Exchange about General Updates
UBL · price
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Awaiting price reaction for this filing.
United Breweries Limited has informed the stock exchanges that it has sent reminder letters to shareholders who have not claimed their final dividend for FY 2017-18 for seven or more consecutive years. Under Section 124(6) of the Companies Act, 2013, both the unclaimed dividend amount and the corresponding shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority. Shareholders have been asked to submit a claim form, cancelled cheque, and PAN copy on or before September 30, 2025 to avoid the transfer. Once transferred to IEPF, shareholders can no longer claim from the company but can apply to the IEPF Authority for recovery.
This is a routine regulatory compliance filing and does not have any direct impact on the company's financials or stock price. Shareholders of UBL who have unclaimed dividends from FY 2017-18 or earlier should act before the September 30, 2025 deadline to claim their money or risk losing both the dividend and their shares to the government fund.