Focus Lighting & Fixtures Limited has issued a final reminder to shareholders regarding the impending transfer of unclaimed dividends from FY 2018-19 to the Investor Education and Protection Fund (IEPF). The company dispatched reminder letters on April 28, 2026, to shareholders who have not claimed their dividends for seven or more consecutive years.

Regulatory Compliance and Timeline

The notification comes in compliance with Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Under these provisions, all dividends that remain unpaid or unclaimed for a period of seven years must be transferred to the IEPF established by the Central Government.

Shareholder Action Required

Shareholders with unclaimed interim dividends from 2019 must take immediate action to claim their dues before July 03, 2026. After this date, the company will transfer the unclaimed amounts to IEPF Authority without further notice. The company has emphasized that this communication serves as a final reminder to affected shareholders.

To claim unpaid dividends, shareholders need to submit required documents to the company's Registrar and Share Transfer Agent, Bigshare Services Private Limited, located at Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093. Shareholders can also reach out via email at investor@bigshareonline.com .

Post-Transfer Recovery Process

Once dividend amounts are transferred to IEPF Authority, shareholders can still recover their funds, but through a more complex process. They will need to file an application in the prescribed Form IEPF-5 following the procedure outlined under applicable IEPF Rules. This process typically involves additional documentation and longer processing times compared to claiming dividends directly from the company.

Corporate Governance Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, by informing the National Stock Exchange about this development. The notification was signed by Managing Director Amit Vinod Sheth and Executive Director Deepali Amit Sheth, demonstrating board-level oversight of the compliance process.

Additional information regarding this notice has been made available on the company's website at www.focuslightingandfixtures.com for shareholder reference and transparency.

Focus Lighting & Fixtures Limited has successfully completed the transfer of 1,24,680 equity shares from the FLFL Employees Welfare Trust to stock option grantees on April 23, 2026. This transfer was executed under the company's Employee Stock Option Plan 2019, in compliance with SEBI regulations and the undertaking given to stock exchanges during the initial listing.

ESOP Exercise Details

The latest exercise involved eight employees who converted their stock options into equity shares at an exercise price of Rs. 12.60 per option. The transaction generated Rs. 15,70,968 in proceeds for the company.

Employee Participation Breakdown

The exercise was distributed among eight employees with varying allocation sizes:

ESOP Scheme Overview

The Focus Lighting Employee Stock Option Plan 2019 encompasses 25,00,000 options granted to eligible employees of the company and its subsidiaries. Each option converts into one equity share with a face value of Rs. 2.00. The scheme operates under a structured vesting schedule with 25% vesting at the end of the first year, 35% at the end of the second year, and 40% at the end of the third year from the grant date.

Historical Exercise Pattern

This represents the ninth exercise under the ESOP scheme since its inception. Previous exercises include 2,77,500 shares in March 2023, 2,10,000 shares in August 2023, 4,86,250 shares in March 2024, 2,86,000 shares in August 2024, 4,76,896 shares in December 2024, 1,56,500 shares in May 2025, 2,69,604 shares in August 2025, and 93,750 shares in October 2025.

Financial Impact

The diluted earnings per share following this equity share issuance stands at Rs. -0.10. Currently, 24,71,875 options have vested under the scheme, with employees having a three-year exercise window from the vesting date while remaining in employment. The company maintains compliance with SEBI (SBEB) Regulations, 2021 for all ESOP-related activities.