Hikal Limited — Important, 28-11-2024: General Updates

Hikal Ltd. has issued reminder letters to shareholders regarding unclaimed interim dividends from the 2017-18 financial year. Shareholders who have not claimed their dividends for seven or more consecutive years are at risk of their shares being transferred to the Investor Education and Protection Fund (IEPF) Authority, as mandated by the Companies Act, 2013. The specific dividends in question include interim dividends for several years, with amounts ranging from ₹60 to ₹150 per share. Shareholders are advised to verify their shareholding details on the company’s website and to contact Link Intime India Pvt. Ltd., the registrar and transfer agent, before March 14, 2025, to claim any unclaimed dividends. Failure to do so will result in automatic transfer of shares to the IEPF Authority. This represents a significant regulatory compliance step and highlights the importance for shareholders to stay informed about dividend claims.