ALPHA TRIBE

BirlaNu LimitedOthers, 12-12-2024: Copy of Newspaper Publication

12-12-2024 | 03:30 pm

HIL Limited has published a notice advising shareholders about the impending transfer of unpaid/unclaimed dividends and shares to the Investor Education and Protection Fund (IEPF) due to dividends remaining unclaimed for seven consecutive years. The transfer is scheduled for March 1, 2025. Shareholders were individually communicated to claim their dues by February 21, 2025, to avoid this transfer. Failure to do so will result in automatic transfer, including future benefits associated with these shares to the IEPF. This move indicates the company’s commitment to regulatory compliance, though it may unsettle investors concerned about unclaimed dividends. Shareholders should act quickly to safeguard their interests.

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