Welspun Corp Limited has informed the Exchange about Copy of Newspaper Publication regarding Notice of transfer of equity shares and dividend of the Company to Investor Education and Protection Fund (IEPF).
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Welspun Corp has published a notice in newspapers informing shareholders that certain equity shares and unpaid/unclaimed dividends will be transferred to the Investor Education and Protection Fund (IEPF). This is a standard regulatory process that happens when shares or dividends remain unclaimed by shareholders for an extended period (typically 7 years). The notice serves as a final reminder to shareholders to claim their entitlements before the transfer takes place. Shareholders whose shares are at risk of transfer can still take action to prevent the transfer by contacting the company or its registrar.
This is a routine compliance announcement, not a new corporate development. Shareholders who have not claimed dividends or whose shares may be due for transfer should act quickly to update their records and contact the company's registrar to prevent transfer of their shares to IEPF.