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Shiva Mills Limited has announced a board meeting to discuss the transfer of equity shares to the Investor Education and Protection Fund (IEPF) due to unclaimed dividends exceeding seven years. This transfer is mandated under the Companies Act, and the company has already transferred the related dividend to the IEPF Authority. The transfer is set to proceed unless a relevant court order is received within 21 days. This move reflects the company's compliance with regulations while potentially affecting shareholder confidence in maintaining their investments in the long term. Investors should monitor the situation closely for any implications on shareholding.