Vardhman Holdings Limited has informed the Exchange about Copy of Newspaper Publication
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Awaiting price reaction for this filing.
Vardhman Holdings Limited has submitted copies of a newspaper notice published in 'Business Standard' and 'Desh Sewak' regarding the mandatory transfer of equity shares to the IEPF Authority. Under Section 124(6) of the Companies Act, 2013, shares whose dividend has remained unclaimed for seven consecutive years (from FY 2017-18 onwards) are liable to be transferred to the IEPF. The company has already sent individual notices to affected shareholders by registered post. Affected shareholders have until 30 September 2025 to claim their pending dividend, failing which their shares (face value Rs. 10 each) along with all future corporate benefits will be transferred to the IEPF. After transfer, shareholders can only reclaim their shares by following the procedure laid out in the IEPF Rules at www.iepf.gov.in.
This is a routine regulatory compliance filing and does not affect the company's operations or financials. It only concerns shareholders who have not claimed dividends for seven or more consecutive years. There is no material impact on the stock price or general shareholders.