VARROC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Varroc Engineering has issued notices to shareholders who have not claimed the Final Dividend for Financial Year 2018-19 for seven consecutive years. Under Section 124(6) of the Companies Act, 2013, these shareholders' corresponding shares are liable to be transferred to the IEPF. The company has set September 1, 2026, as the deadline for shareholders to claim their unpaid dividends and avoid share transfer. The actual transfer to IEPF is due by September 15, 2026. This is a mandatory regulatory compliance under SEBI LODR Regulations.
This is a routine compliance filing with no direct impact on the company's financials or stock price. Affected shareholders risk losing their shares to IEPF if they do not claim their unclaimed dividends before the deadline.