Notice to Shareholders – Compulsory Transfer of Equity Shares to Investor Education and Protection Fund (IEPF) Authority (Financial Year 2026–2027)
Jun 12, 2026 • Maryam Begum • Legal Announcements / Legal Notices
Source:
FinancialExpress E-Paper
Ashika Credit Capital Limited has issued a notice to its shareholders regarding compulsory transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is being taken in accordance with the IEPF Authority Rules, 2016, as amended, applicable to shares on which dividends have remained unclaimed or unpaid for seven consecutive years or more.
The company has already sent individual communications to the concerned shareholders and also published details on its official website for verification. Shareholders whose shares are liable for transfer during the financial year 2026–2027 have been informed through communication dated 1 April 2026 and newspaper publication dated 2 April 2026.
Affected shareholders are advised to contact the company’s Registrar and Transfer Agent, Maheshwari Datamatics Private Limited, for any queries or to complete necessary formalities. If no response is received by 13 September 2026, the shares will be transferred to the IEPF Authority as per statutory procedure. Upon transfer, physical share certificates will stand cancelled and become non-negotiable.