VLS Finance Limited has informed the Exchange about Intimation To Members Regarding Updation Of KYC And Having Unclaimed Dividend For 7 Consecutive Years.
VLSFINANCE · price
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VLS Finance has informed the stock exchanges that it is sending notices to shareholders in two categories. First, members holding shares in physical form who have not updated their KYC details (PAN, nomination, contact details, bank account, and specimen signature) are being reminded, as SEBI rules require these to be updated to receive any future dividends electronically. Second, members whose dividend has remained unclaimed for 7 consecutive years are being notified that their unclaimed dividend for FY 2017-18 (final dividend) along with the underlying equity shares will be transferred to the Investor Education and Protection Fund (IEPF) on October 26, 2025, unless claimed. The last date to file a claim with the company is September 26, 2025. Both notices are also available on the company's website at www.vlsfinance.com/kyc/.
Shareholders holding physical shares with incomplete KYC may have dividends withheld and face restrictions on share-related services. Shareholders with 7 years of unclaimed dividends risk losing both the dividend amount and their shares to the IEPF if they do not act before September 26, 2025. No direct impact on share price is expected from this routine compliance filing.