Sadbhav Infrastructure Alerts Shareholders on Unclaimed Shares Transfer to IEPF

1 min read     Updated on 04 Aug 2025, 05:00 PM
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Overview

Sadbhav Infrastructure Projects has notified equity shareholders about the potential transfer of unclaimed shares to the Investor Education and Protection Fund (IEPF). Shareholders with unclaimed dividends for seven consecutive years or more, starting from the financial year 2017-2018, must claim their dividends by October 25, 2025, to prevent share transfer to IEPF's demat account. The company has published this notice in newspapers and on its website, also sending individual letters to affected shareholders. This action complies with Section 124(6) of the Companies Act, 2013, and IEPF Authority Rules.

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Sadbhav Infrastructure Projects has issued a crucial notice to its equity shareholders regarding the impending transfer of unclaimed shares to the Investor Education and Protection Fund (IEPF). This move comes in compliance with regulatory provisions that mandate the transfer of shares with unclaimed dividends for seven consecutive years or more to the IEPF's demat account.

Key Points of the Notice

  • Publication Date: The notice was published in English and Gujarati newspapers on August 4, 2025.
  • Deadline: Shareholders have until October 25, 2025, to claim their dividends.
  • Affected Period: Dividends for the financial year ended March 31, 2018 (F.Y. 2017-2018) and onwards are subject to this notice.
  • Action Required: Shareholders must contact the company or its registrar, MUFG Intime India Pvt. Ltd., to claim their dividends before the deadline.

Details Available on Company Website

Sadbhav Infrastructure Projects has made available on its website ( www.sadbhavinfra.co.in ) under the 'Investors' section:

  • Names of affected shareholders
  • Their folio numbers
  • Number of shares eligible for transfer to IEPF

Individual Notifications

The company has taken the additional step of sending individual letters to concerned shareholders at their registered addresses, ensuring personalized communication about this important matter.

Regulatory Compliance

This action by Sadbhav Infrastructure Projects is in adherence to:

  • Section 124(6) of the Companies Act, 2013
  • Investor Education and Protection Fund Authority (Accounting, Auditing, Transfer and Refund) Rules, 2016, as amended

Implications for Shareholders

Shareholders who fail to claim their dividends before the deadline risk having their shares transferred to the IEPF demat account. However, it's important to note that shareholders can claim back their shares and any accrued benefits from the IEPF Authority by following the prescribed procedure under the IEPF Rules.

Company Information

Sadbhav Infrastructure Projects is a prominent infrastructure company with its registered office at 'Sadbhav House', Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380006, Gujarat. The company's CIN is L45202GJ2007PLC049808.

This notice serves as a crucial reminder for Sadbhav Infrastructure Projects shareholders to review their dividend status and take necessary actions to prevent the transfer of their shares to the IEPF. It also underscores the company's commitment to regulatory compliance and shareholder communication.

Historical Stock Returns for Sadbhav Infrastructure Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-0.50%-1.00%-4.81%-12.58%-40.27%-77.69%
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