Notice to Shareholders – Transfer of Shares to IEPF (Welcast Steels Limited)
Jun 13, 2026 • Maryam Begum • Legal Announcements / Legal Notices
Source:
FinancialExpress E-Paper
Welcast Steels Limited Welcast Steels Limited has issued a notice to shareholders regarding the transfer of equity shares and unclaimed dividends to the Investor Education and Protection Fund (IEPF) under the IEPF Rules, 2016 notified by the Ministry of Corporate Affairs.
As per the notice, shareholders who have not claimed or encashed dividends for seven consecutive years from FY 2018–19 are liable for transfer of their shares to the IEPF Authority. Individual communication has already been sent to affected shareholders at their registered addresses, and the list of such shareholders has also been published on the company’s official website.
Shareholders holding physical share certificates should note that duplicate share certificates will be issued for the purpose of transfer, and the original certificates will stand cancelled and become non-negotiable. For dematerialised holdings, shares will be transferred as per the prescribed procedure under the IEPF Rules.
Affected shareholders are requested to claim their unpaid dividends on or before 13 September 2026, failing which the company will proceed with the transfer of shares to the IEPF Authority without further notice.
For assistance, shareholders may contact the Registrar and Transfer Agent:
Bigshare Services Private Limited, Mumbai