Welspun Enterprises Limited has informed the Exchange regarding 'Newspaper Advertisement - Notice of transfer of equity shares of the Company to the demat account of Investor Education and Protection Fund Authority'.
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Welspun Enterprises has published a newspaper advertisement on July 15, 2025, in Financial Express, Kutchmitra, and KutchUday, notifying shareholders that equity shares and unclaimed dividends for FY 2017-18 will be transferred to the IEPF Authority's demat account. This action is being taken under Section 124(6) of the Companies Act, 2013, read with Rule 6(3) of the IEPF Rules, 2016, after the mandatory 7-year period expired. Shareholders have until September 20, 2025, to claim their shares by contacting the company's RTA (MUFG Intime India) or the Company Secretary. The filing is a routine regulatory disclosure under SEBI LODR Regulations 2015.
Shareholders who have not claimed dividends on their Welspun Enterprises shares since FY 2017-18 risk having those shares permanently transferred to the IEPF Authority. Affected investors should act before September 20, 2025, to prevent the transfer or to later reclaim shares via the IEPF portal. This is a routine compliance filing and has no direct impact on the company's operations or stock price.