Notice for transfer of equity shares to the IEPF Authority

ICRA Ltd has issued a notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is mandated by Section 124(6) of the Companies Act, 2013, for shares where dividends have remained unpaid or unclaimed for seven consecutive years. Shares related to the FY2018-19 dividend, if unclaimed, are liable for transfer by November 2, 2026. This is a routine compliance requirement impacting only specific shareholders, who can reclaim their assets from the IEPF.