WEIZMANINDNSEWeizmann Limited· Textile ProductsMinimalNeutral
Announced Thu, 5 Jun · 11:22 IST

Weizmann Limited has informed the Exchange about Copy of Newspaper Publication

WEIZMANIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Weizmann Limited has informed the stock exchanges that it published a notice in Financial Express and Mumbai Lakshadeep newspapers on 5th June 2025. The notice is in compliance with Section 124(6) of the Companies Act, 2013 and the IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016. Under these rules, equity shares of shareholders who have not claimed dividends for seven consecutive years (from financial year 2017-18 onwards) are due to be transferred to the Investor Education and Protection Fund Authority. Shareholders whose shares are at risk of transfer have been individually notified, and those who claim their unclaimed dividends and shares before the transfer date can avoid the move. The company's registrar, Bigshare Services Pvt. Ltd., has been appointed to assist shareholders with the process.

Likely market impact

This is a routine regulatory compliance filing. Shareholders of Weizmann Limited who have not claimed dividends since FY2017-18 should act quickly to update their KYC details and claim their shares before the transfer to IEPF, or they will need to follow a longer claim process with the IEPF Authority later. No direct material impact on the stock price is expected.