Public notice for transfer of equity shares to the Investor Education and Protection Fund ("IEPF") Authority.
WIMPLAST · price
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Wim Plast Limited has issued a public notice regarding the proposed transfer of equity shares to the IEPF Authority for shareholders who have not claimed their dividends for seven or more consecutive years starting from FY 2017-18. The company has sent reminder letters to eligible shareholders and published the notice in Free Press Journal (English) and Gujarat Mitra (Gujarati) on 30th May 2025. Affected shareholders have been asked to claim their unclaimed dividends on or before Monday, 1st September 2025, failing which their shares will be transferred to the IEPF demat account without further notice. A sample letter to one shareholder (holding 100 shares) shows unclaimed dividends totaling Rs 5,250 across FY 2017-18 to 2023-24. Shareholders can later reclaim their shares by filing Form IEPF-5 on the IEPF website. The company's Registrar and Transfer Agent is MUFG Intime India Private Limited.
This is a routine regulatory compliance announcement and has no direct impact on the stock price or operating business. Only specific shareholders who have not claimed dividends for seven or more years will be affected and risk losing their shares to the IEPF if they fail to act before the deadline.