Veedol Corporation Limited has published a notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) as per the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.
The transfer applies to shares for which dividend remains unpaid or unclaimed for seven consecutive years.
The company has communicated individually with concerned shareholders and has uploaded details on its website www.veedolindia.com.
Shareholders are requested to verify details of unencashed dividends and shares liable for transfer on the website.
Concerned shareholders should forward the required documents to the Registrar and Share Transfer Agent by 18th September, 2025, to claim unpaid dividends for the financial year 2017-18 onwards and prevent the transfer of shares to IEPF.
If no communication is received by 18th September, 2025, the company will transfer the shares to the IEPF Suspense/Demat Account.
For shareholders holding shares in physical form, duplicate share certificates will be issued, and original certificates will be cancelled.
For shareholders holding shares in demat mode, the shares will be directly transferred to the demat account of IEPF Authority.
Unclaimed dividends and shares transferred to IEPF can be claimed back from IEPF Authority following the prescribed procedure.
Shareholders can contact Maheshwari Datamatics Private Limited for queries.