HITECHGEAR: Shares to be transferred to IEPF by Oct 24, 2026
The Hi-Tech Gears Limited will transfer unpaid dividends and corresponding shares to the IEPF by October 24, 2026. This applies to shares where dividends for FY 2018-19 remain unclaimed for seven consecutive years. Shareholders must respond by the deadline to avoid transfer.
The transfer of unclaimed shares and dividends to the IEPF is a routine compliance matter and does not have a direct material impact on the company's ongoing operations or financial health. It primarily affects a small segment of shareholders whose dividends or shares have remained unclaimed.
The announcement is a standard regulatory compliance procedure regarding the transfer of unclaimed shares and dividends to the IEPF. It does not contain any positive or negative financial performance indicators or strategic business updates.
The Hi-Tech Gears Limited has announced the transfer of eligible equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is in accordance with Section 124 and 125 of the Companies Act, 2013, and related rules.
The company is required to transfer unpaid/unclaimed dividends and shares where the final dividend for the Financial Year 2018-19 has not been claimed for seven consecutive years or more. Individual communications have been sent to affected shareholders, and details are also available on the company's website, www.thehitechgears.com.
Shareholders who hold shares liable for transfer to the IEPF are urged to respond by October 24, 2026. If no communication is received by this date, the company will proceed with the transfer to the IEPF Authority. Shares transferred can be claimed back from the IEPF by following the prescribed procedure. For queries, shareholders can contact the company's Registrar and Share Transfer Agent, MAS Services Limited.
What to do with a filing like this
The Hi-Tech Gears Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by The Hi-Tech Gears Limited. Read the original for the full detail.