Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the copies of newspaper advertisement published for Notice to ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Welcast Steels has issued a public notice informing shareholders that equity shares belonging to those who have not claimed or encashed their dividend for seven or more consecutive years (from FY2017-18 onwards) will be transferred to the Investor Education and Protection Fund (IEPF) Authority. Individual letters have already been sent to affected shareholders, and a list of such shareholders is available on the company's website. Shareholders can still claim their unpaid dividend on or before 14th September 2025 through the company's Registrar (Bigshare Services Private Limited) to avoid the transfer. Once shares are moved to IEPF, shareholders can still reclaim them later by following the IEPF procedure, but they would lose immediate control.
This is a routine regulatory compliance announcement and is not expected to materially impact the stock price. However, shareholders who have been inactive since FY2017-18 and haven't claimed dividends risk having their shares transferred to the government-run IEPF. Such shareholders should act before 14th September 2025 to claim dividends and retain ownership.