Visaka Industries Limited has submitted a regulatory declaration to stock exchanges confirming that its promoters and promoter group members did not encumber any company shares during the financial year ended March 31, 2026. The declaration was filed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Declaration Details

Dr. Vivek Venkatswamy Gaddam, Chief Promoter of Visaka Industries Limited, filed the declaration on April 02, 2026, on behalf of himself and the promoter group. The declaration specifically states that none of the promoters made any encumbrance of shares, directly or indirectly, during the financial year, except for encumbrances made in depositories.

Promoter Group Coverage

The declaration covers nine entities within the promoter and promoter group structure:

Regulatory Compliance

The declaration was simultaneously submitted to multiple stakeholders to ensure comprehensive regulatory compliance:

• National Stock Exchange of India Limited (Scrip Code: VISAKAIND)
• BSE Limited (Scrip Code: 509055)
• Audit Committee Members of Visaka Industries Limited

This filing represents standard regulatory compliance under SEBI's substantial acquisition and takeover regulations, which require promoters to disclose any encumbrance activities involving company shares. The declaration confirms transparency in promoter shareholding activities and adherence to regulatory disclosure requirements for the financial year ended March 31, 2026.

Visaka Industries Limited has issued a regulatory disclosure regarding reminder letters sent to shareholders about unclaimed dividend transfers to the Investor Education and Protection Fund (IEPF). The company released this notice on April 21, 2026, in compliance with SEBI listing regulations.

Regulatory Compliance and Legal Framework

The disclosure was made pursuant to Regulation 30 read with Schedule III Part A Para A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company despatched reminder letters dated April 20, 2026, to shareholders who have not claimed their dividends for seven or more consecutive years.

The legal basis for this action stems from Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended. The information was also hosted on the company's website at visaka.co.

Unclaimed Dividend Details

IEPF Transfer Requirements

The company is required to transfer shares to the IEPF account where dividends remain unpaid or unclaimed for seven consecutive years. This mandatory transfer applies to shareholders who have not encashed their dividends as listed above.

Shareholder Claims Process

Shareholders must claim their dividends by submitting applications to Kfin Technologies Limited, the Registrar and Transfer Agents, on or before July 3, 2026. Failure to claim will result in the transfer of all shares to the IEPF account.

For shares held in physical form, the company will issue duplicate share certificates and transfer them to the IEPF's Demat account, canceling the original certificates. For demat shares, the transfer will be executed through necessary corporate action forms.

Contact Information and Support

Post-Transfer Claims Process

After transfer to IEPF, shareholders can claim both unclaimed dividend amounts and transferred shares by submitting Form IEPF-5 online along with physical copies to the company's registered office for verification. The company will send an electronic verification report to the IEPF Authority for refund and share transfer. Only one such request can be made in one year.

The notice was signed by Ramakanth Kunapuli, AVP and Company Secretary, and represents the company's compliance with statutory requirements for protecting investor interests while adhering to regulatory mandates.