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Vidhi Specialty Food Ingredients LimitedOthers, 10-12-2024: Copy of Newspaper Publication

10-12-2024 | 11:24 am

Vidhi Specialty Food Ingredients Limited has announced a board meeting to consider the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority due to unclaimed dividends for seven consecutive years. Shareholders are given the opportunity to claim unpaid dividends for the financial year 2017-18 and onwards, with a deadline for claims set before March 20, 2025. Failure to claim by this date will result in shares being transferred to the IEPF. This move could enhance governance and shareholder accountability but may also trigger caution among investors about the implications of unclaimed funds, reflecting on shareholder engagement strategies. Overall, it indicates a proactive approach to compliance.

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