Shivalik Bimetal Controls Limited — Others, 10-12-2024: Copy of Newspaper Publication
10-12-2024 | 03:52 pm
10-12-2024 | 03:52 pm
Shivalik Bimetal Controls Limited has announced a board meeting regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF). This applies to shares of shareholders who have not claimed dividends for seven or more consecutive years. The company has published a notice in newspapers and uploaded the details on its website, ensuring compliance with relevant regulations.
The transfer may impact shareholder interests, particularly for those with unclaimed dividends, as their shares will be transferred to the IEPF. Investors should consider this development a potential risk if they hold shares affected by this transfer, underscoring the importance of staying informed about their investment claims.
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