Prithvi exchange (India) Limited has announced the opening of a new branch in Trivandrum, Kerala, marking another step in the company's expansion strategy. The announcement was made through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Branch Location and Services

The new branch is strategically located in Trivandrum to serve customers in the Kerala region. The facility will offer comprehensive forex services in a modern, technology-enabled environment.

Company's Expansion Strategy

The company emphasized its commitment to providing superior customer service through this expansion. Prithvi Exchange aims to offer forex services in a contemporary and technologically updated atmosphere, ensuring clients receive the best possible service experience.

The management indicated that this branch opening is part of a larger growth plan. The company hopes to increase its footprint across the nation by building more branches in the near future, demonstrating its commitment to expanding accessibility of forex services.

Regulatory Compliance

The announcement was made in compliance with regulatory requirements, with Managing Director Pavan Kumar Kavad (DIN: 07095542) signing the disclosure document. The filing was submitted to BSE Limited under the company's scrip code 531688, ensuring transparency with stakeholders and regulatory authorities.

This expansion reflects Prithvi Exchange's ongoing efforts to strengthen its presence in key markets across India while maintaining its focus on delivering quality forex services to customers nationwide.

Prithvi exchange (India) Limited has issued a comprehensive notice to shareholders regarding unclaimed dividends and the mandatory transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The company published newspaper advertisements on April 07, 2026, in compliance with regulatory requirements under the Companies Act, 2013 and SEBI regulations.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Pavan Kumar Kavad (DIN: 07095542) signed the communication addressed to BSE Limited, where the company trades under scrip code 531688.

Unclaimed Dividend Transfer Timeline

The notice specifically addresses dividends declared for FY 2018-2019, which have remained unclaimed for seven consecutive years. These dividends are scheduled for transfer to the IEPF Authority on 29th June, 2026, along with the corresponding equity shares.

Share Transfer Process

The company outlined the transfer mechanism for both physical and dematerialized shares. For physical shares, new certificates will be issued in favor of IEPF, rendering original certificates cancelled and non-negotiable. For demat shares, the company will coordinate with depositories to execute corporate action and transfer shares to IEPF.

Shareholder Recovery Process

Shareholders can reclaim transferred dividends and shares from IEPF by submitting Form IEPF-5 online along with requisite documents. The company has appointed Integrated Registry Management Services Private Limited as its Registrar and Share Transfer Agent, located at Kences Towers, T Nagar, Chennai.

Company Information

Prithvi Exchange (India) Limited operates in foreign exchange services, offering forex cards and remittance services. The company is headquartered at Gee Gee Universal, Chetpet, Chennai, with CIN: L30006TN1995PLC031931.