Bhartiya International Limited Issues Final Notice Regarding Long-Unclaimed Dividends
Bhartiya International Limited has dispatched reminder letters to shareholders who have failed to claim dividends for a continuous period of seven or more years. This communication serves as a final notice to these shareholders, urging them to take necessary action regarding their unpaid dividends.The company is contacting those specific shareholders to avoid the transfer of their corresponding shares to the Investor Education and Protection Fund (IEPF). This process aligns with Section 124(6) of the Companies Act, 2013, and the applicable rules under the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended.
Shareholders are strongly advised to take appropriate action at the earliest to claim their dividends and prevent potential disruption of services or regulatory consequences associated with unclaimed shares being transferred to the fund.
BIL Stock Price Movement
Shares of Bhartiya International Limited slipped today, settling at ₹764.75 after losing ₹13.10, or 1.67%. The equity traded within a range of ₹755.05 to ₹789 during the session, with 2,915 shares recording the movement.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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