Dividend1 April 2026 at 12:11 pm
Ashika Credit Capital Ltd: Unclaimed Dividends for Seven Consecutive Years to be Transferred to IEPF
AI Summary
Ashika Credit Capital Ltd has sent notices to shareholders with unclaimed dividends for seven or more consecutive years, informing them that their equity shares will be transferred to the Investor Education and Protection Fund (IEPF) Authority as per Section 124(6) of the Companies Act, 2013. The transfer will also include all corporate benefits accruing on such shares. Shareholders are requested to claim their outstanding dividends immediately to avoid this transfer.
Key Highlights
- Ashika Credit Capital Ltd is transferring equity shares with unclaimed dividends for seven or more consecutive years to the IEPF Authority.
- The transfer includes all corporate benefits accruing on such shares and will freeze the voting rights till the rightful owner claims the shares.
- Shareholders are requested to claim their outstanding dividends immediately to avoid this transfer.
- Unclaimed dividends for the financial year 2018-2019 of Rs. «DIVAMT» bearing warrant no. «WARNTNO» are still unclaimed.
- Shareholders are required to register correct Bank details including Bank Account no. and IFSC/MICR of their Bank Account against their Demat A/c. with their Depository Participant/RTA.