Orient Electric Limited — Important, 10-12-2024: General Updates
Orient Electric Limited has sent notices to shareholders regarding unclaimed dividend amounts that are due for transfer to the Investor Education and Protection Fund (IEPF). Shareholders are requested to claim their unpaid dividends by February 28, 2025, to avoid the transfer of funds and corresponding shares to the IEPF. The company emphasizes that any dividends left unclaimed for seven consecutive years will be transferred, and appropriate steps will be taken post-deadline without further notice. This situation presents a risk for shareholders who may lose access to their dividends and shares if they do not act timely. It's essential for investors to ensure that their records are up-to-date to receive their entitled amounts. Watch closely for further developments on this matter.
