Pursuant to the provisions of Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, Equity Shares of the Company in respect of which dividend entitlements remained unclaimed for seven consecutive years from the financial year 2015-16 is due to be transferred to the Investor Education and Protection Fund (IEPF) on 26th October, 2023.
The Company had earlier sent individual letters to the concerned Members who had not claimed their aforesaid dividend providing them an opportunity to lodge their claim with the Company in respect of the same. Notices in this regard were also published by the Company in leading English and Gujarati newspapers.
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