Raymond Limited — Others, 28-03-2025: Copy of Newspaper Publication
28-03-2025 · 03:43 pm
Raymond Limited has announced a board meeting to discuss the transfer of unpaid dividends and equity shares, which could affect shareholders holding dividends unclaimed for seven consecutive years. The last date for claiming the unpaid dividend from the financial year 2017-18 is July 2, 2025. If unclaimed by this date, shares will be transferred to the Investor Education and Protection Fund (IEPF). This action could prompt shareholders to check their dividend status, aiming to reclaim funds before the transfer, potentially driving short-term engagement with the stock. Investors should be aware of the implications of unclaimed funds and consider timely action to prevent involuntary share transfers.
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