Focus Lighting and Fixtures Limited Issues Notice on Transfer of Unclaimed Dividends to IEPF
Focus Lighting and Fixtures Limited notified stakeholders regarding the mandatory process for transferring unclaimed interim dividends to the Investor Education and Protection Fund Authority (IEPF).The company issued communications confirming that certain interim dividends for the Financial Year (FY) 2018-19 remain unpaid or unclaimed as per the records maintained by the Registrar and Share Transfer Agent.
According to the company's notification, dividends that remain unclaimed for a period of seven years are subject to transfer to the IEPF. Shareholders holding such unpaid amounts are advised to take immediate steps to claim the funds.
The company highlighted that if the specified unpaid interim dividend is not claimed by the concerned shareholder by July 03, 2026, the company will transfer the amount to the IEPF Authority without further notice.
Shareholders are advised to submit the necessary documentation to the company's Registrar and Share Transfer Agent, Bigshare Services Private Limited, to process the claim. Once a dividend amount is transferred to the IEPF Authority, claiming the funds requires submitting an application in the prescribed Form IEPF-5.
FOCUS Stock Price Movement
As of 3:22 PM, shares of Focus Lighting and Fixtures Limited are edging higher to ₹79.55, successfully gaining 1.27% in live trading. The stock continues to build momentum, trading on a robust total volume of 43,561 shares.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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