HEG Limited — Others, 06-12-2024: Copy of Newspaper Publication
06-12-2024 | 01:01 pm
06-12-2024 | 01:01 pm
HEG Limited has submitted newspaper clippings regarding the proposed transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This move pertains to shares with dividends that have not been claimed for seven consecutive years. Shareholders are encouraged to claim unclaimed dividends from FY 2017-18 onwards before the deadline of March 12, 2025, to avoid their shares being transferred to the IEPF. This announcement raises a potential risk for investors holding unclaimed dividends, as failure to act may result in the loss of shares and dividends. It also emphasizes the importance of maintaining updated records for smooth claims.
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