Zensar Technologies Limited has informed the Exchange regarding 'Intimation to shareholders for claiming unclaimed shares liable to be transferred to IEPF along-with unpaid/unclaimed dividend'.
ZENSARTECH · price
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Zensar Technologies has notified the stock exchange that shares belonging to shareholders who have not claimed them, along with any unpaid or unclaimed dividends, are liable to be transferred to the Investor Education and Protection Fund (IEPF). This is a standard regulatory process under Indian company law, typically triggered when shares or dividends remain unclaimed for seven years or more. Shareholders who have lost track of their holdings or old dividends now have a window to claim them before they are moved to the IEPF. The company has likely published the full list of such shareholders and the relevant details as part of this intimation.
For most active shareholders this has no impact. However, investors who hold old Zensar shares or have unclaimed dividends should check the notice and claim their holdings before the transfer deadline, as reclaiming from IEPF later is a longer and more cumbersome process.