ALPHA TRIBE

Power Grid Corporation of India LimitedOthers, 11-02-2025: Copy of Newspaper Publication

11-02-2025 | 06:26 pm

Power Grid Corporation has announced a board meeting to discuss the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This transfer involves shares for which dividends have remained unclaimed for seven consecutive years or more. Shareholders have been individually notified and are encouraged to submit necessary documents to reclaim their unclaimed dividends before March 1, 2025. Failure to do so will result in automatic transfer of these shares to the IEPF.

This move underscores compliance with regulations and aims to streamline shareholder interests. For investors, this indicates a focus on maintaining governance standards, though it poses a risk for those unaware of unclaimed dividends.

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