VRL Logistics Limited has informed the Exchange about Copy of Newspaper Publication-notice to shareholders for transfer of unpaid and unclaimed dividend and the underlying shares to the IEPF
VRLLOG · price
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VRL Logistics has published a notice in newspapers informing shareholders about the upcoming transfer of unpaid and unclaimed dividends along with the underlying shares to the Investor Education and Protection Fund (IEPF). Under Indian company law, any dividend that remains unclaimed for seven consecutive years must be moved to the IEPF, and the related shares are also transferred to the IEPF if the dividend stays unclaimed. Shareholders who have not yet claimed their dividends or shares are advised to do so before the transfer date. This is a routine regulatory compliance filing required under the Companies Act, 2013.
Shareholders with unclaimed dividends or shares of VRL Logistics should act quickly to claim them before they are transferred to the IEPF, as reclaiming from IEPF is a longer and more cumbersome process. This filing has no direct impact on the company's operations or stock price and is purely a procedural reminder.