NOTICE – TRANSFER OF EQUITY SHARES TO INVESTOR EDUCATION AND PROTECTION FUND (IEPF)
Jun 27, 2026 • Maryam Begum • Company Updates / Business Notices
Source:
FinancialExpress E-Paper
Deepak Spinners Limited hereby informs its shareholders that pursuant to Section 124(6) of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, the final dividend declared for the financial year 2018–19 which remains unclaimed for seven consecutive years will be transferred to the Investor Education and Protection Fund (IEPF) on or after 30 September 2026.
The corresponding equity shares on which dividends have remained unclaimed or unpaid for a continuous period of seven years are also liable to be transferred to the Demat account of the IEPF Authority.
Individual notices have already been sent to the concerned shareholders, and the list of such shareholders is available on the company’s website.
Shareholders holding shares in physical form will have their shares transferred after issuance of necessary procedures, and the existing share certificates shall stand cancelled. For shares held in dematerialised form, the transfer will be executed through corporate action in coordination with the depositories.
Affected shareholders are advised to claim their unclaimed dividends on or before 30 September 2026 to avoid transfer of shares to IEPF. After transfer, claims can be made only by submitting Form IEPF-5 through the official portal.
For queries, shareholders may contact the company at its registered office or the Registrar and Transfer Agent.
Place: Chandigarh
Date: 25.06.2026
Puneeta Arora
Company Secretary