NLC India Limited — Others, 03-01-2025: Copy of Newspaper Publication
NLC India Limited has issued a notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) due to unpaid dividends that have remained unclaimed for seven consecutive years. The affected shares relate to the interim dividend for the financial year 2017-2018. Shareholders have been advised to claim their unclaimed dividends by writing to the company or its Registrar by April 10, 2025. If claims are not made by this date, the shares will be transferred to the IEPF, which will hold them along with any future benefits. This move highlights the company's adherence to regulatory compliance while also potentially impacting shareholders' interests if they have not claimed their dividends. Investors should be proactive in checking their dividend statuses to avoid losing their shares.
