Somany Ceramics Limited has issued a reminder to its shareholders regarding the transfer of equity shares to the Demat Account of the Investor Education and Protection Fund (IEPF) Authority. This action is being taken for shareholders who have not claimed their dividends for seven consecutive years, as mandated by Section 124(6) of the Companies Act, 2013, and related rules. The company has identified that dividends declared and paid for the Financial Year 2018-19 and subsequent years remain unclaimed by certain shareholders. Consequently, their equity shares are liable for transfer to the IEPF Authority. Shareholders are urged to claim their unpaid dividends by submitting updated bank account details and necessary documentation to the company's Registrar and Share Transfer Agent (RTA), Maheshwari Datamatics Private Limited, on or before September 23, 2026. Failure to do so will result in the transfer of these shares and unclaimed dividends to the IEPF Authority. The company has provided detailed instructions for shareholders holding shares in Demat or physical form on how to submit the required documents. Shareholders can claim their amounts from the IEPF by submitting Form IEPF-5.
