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Petronet LNG LimitedUpdates, 31-01-2025: Press Release

31-01-2025 | 07:59 pm

Petronet LNG Limited has provided notice to shareholders regarding the compulsory transfer of unpaid/unclaimed dividends for the Financial Year 2017-18 and the Special Interim Dividend for 2018-19 to the Investor Education and Protection Fund (IEPF). This action is in accordance with the relevant provisions of the Companies Act and associated rules. Shareholders are advised to review the advertisement published in Times of India and Amar Ujala to understand the implications of this transfer. This move underlines the company's compliance and commitment to regulatory requirements, though it may prompt shareholder concerns about unclaimed dividends if they have not yet taken action to claim their dues. Investors should watch closely for any impact this compliance may have on shareholder sentiment.

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