Paushak Limited has issued a notice to its shareholders regarding the transfer of equity shares, for which dividends have not been claimed for seven consecutive years, to the Investor Education and Protection Fund (IEPF). This action is in accordance with Section 124(6) of the Companies Act, 2013. The company highlighted that shares on which dividends have not been encashed or claimed for seven consecutive years or more are liable for transfer to the IEPF. Specifically, shareholders who have not encashed dividend warrants for the last seven consecutive years, commencing from the unpaid Final Dividend for the year 2018-2019, are affected. Shareholders are urged to claim their unpaid dividends on or before August 31, 2026. Failure to do so will result in the transfer of the referred shares to the IEPF. The notice also provides details on how shareholders can claim their unpaid dividends or shares from the IEPF by filing the web form IEPF-5. For any information or clarification, shareholders can contact the Registrar and Share Transfer Agents, M/s. MUFG Intime India Private Limited. The company also advised shareholders holding shares in physical form to update their KYC details, including PAN, address, email ID, mobile number, bank account details, specimen signature, and nomination by submitting relevant forms.
