Hi-Tech Gears: Notice of Equity Share Transfer to IEPF Account
The Hi-Tech Gears Limited has issued a notice regarding the transfer of eligible equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is in compliance with Section...
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Why is The Hi-Tech Gears Limited in the news today?
The Hi-Tech Gears Limited (HITECHGEAR) is in the news due to the announcement is a routine regulatory filing regarding the transfer of unclaimed shares to the iepf, which is a standard procedure and does not inherently indicate positive or negative performance for the company.
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Hi-Tech Gears: Notice of Equity Share Transfer to IEPF Account
December 18, 2025, 11:07 AM
The Hi-Tech Gears Limited has issued a notice regarding the transfer of eligible equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is in compliance with Section 124 and 125 of the Companies Act, 2013, and the related IEPF Rules, as well as SEBI regulations.
The company is required to transfer unpaid or unclaimed dividends and shares, particularly those for which interim dividends were declared for the Financial Year 2018-19 and have remained unclaimed for seven consecutive years or more, to the IEPF Demat Account.
Individual communications have been sent to affected shareholders, and their details are also available on the company's website, www.thehitechgears.com. Shareholders have until February 27, 2026, to respond. After this date, the company will proceed with the transfer to the IEPF Authority. Claims for such shares and dividends can only be made through the IEPF authority thereafter. For queries, shareholders can contact the Company's Registrar and Share Transfer Agent, MAS Services Limited, or the Company Secretary.
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