Kuantum Papers has published a notice on unclaimed dividend/share transfer to IEPF in line with SEBI norms. Read full company update here.
Kuantum Papers Issues Notice on Dividend and Share Transfer to IEPF
Ludhiana, June 3, 2025 — Kuantum Papers Ltd (BSE: 532937), a leading manufacturing company of paper, has issued a newspaper notice regarding the forthcoming crediting of unclaimed dividends and corresponding shares to the Investor Education and Protection Fund (IEPF). The notice is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Shareholders who have not been paid dividend for seven consecutive years are asked to claim the same as early as possible, the notice says. Unless there is a claim within the time specified, the unclaimed dividend and underlying shares would be transferred to the IEPF in accordance with Section 124(5) and 124(6) of the Companies Act, 2013.
The company has informed that personal notices have been issued to the affected shareholders. Moreover, information of such shareholders can be found at the company’s official website. Investors are requested to check the same and take action at an early date to avoid their holdings being forfeited.
This action reflects Kuantum Papers’ commitment to transparent financial governance and adherence to regulatory requirements. Shareholders who wish to reclaim their shares in the future may do so through an application to the IEPF Authority by following the prescribed process.
The official clipping of the newspaper publication can be accessed via the BSE website.
Key Takeaways:
- Unclaimed dividends for 7+ years to be transferred to IEPF.
- Shareholders advised to act before the transfer date.
- Transfer in compliance with SEBI and Companies Act norms.
About Kuantum Papers Ltd:
Kuantum Papers is among India’s leading paper producers that make writing and printing paper from crop residues. With an emphasis on sustainability, the company has registered a consistent growth rate in the domestic market.
