Regulatory27 May 2026, 02:27 pm
Automotive Axles: Unclaimed Dividend Transfer to IEPF
AI Summary
Automotive Axles Ltd is sending communication/reminder letters to shareholders regarding the proposed transfer of unclaimed dividends and corresponding shares from FY 2018-19 onwards to the Investor Education and Protection Fund (IEPF) Authority, in compliance with SEBI regulations and the Companies Act, 2013. Shareholders are requested to claim their dividends by signing and returning the enclosed 'Letter of Undertaking'. Failure to claim will result in the transfer of shares to the IEPF Account.
Key Highlights
- Automotive Axles to transfer unclaimed dividends/shares to IEPF as per regulations.
- Communication sent to shareholders regarding unclaimed dividends from FY 2018-19 onwards.
- Shareholders requested to claim dividends by returning the 'Letter of Undertaking'.
- Unclaimed shares will be transferred to the IEPF Account.
- Information available on the company's website: www.autoaxle.com
Price Impact
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