IFGL Refractories Limited — Important, 19-02-2025: Updates
48,567 equity shares of IFGL Refractories, belonging to 403 holders, have been transferred to the Demat account of the IEPF Authority due to the non-claim of dividends for seven consecutive years since the financial year 2016-17. This transfer aligns with the provisions set out in Section 124(6) of the Companies Act, 2013. The details regarding these shares are available on the company’s website, along with the procedure for reclaiming dividends and shares from the IEPF Authority. While this is a regulatory compliance action, it reflects on the need for shareholders to remain vigilant regarding their entitlements. Shareholders should stay informed to avoid similar issues in the future. Watch closely for any changes in shareholder engagement initiatives that might be introduced.
