Company Update

B&A Packaging India Limited has issued a notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF). This action is taken for shares where dividends have remained unclaimed for seven consecutive years or more, as mandated by relevant provisions.

Shareholders with such unclaimed dividends must take action by a specific deadline to retain their shares.

If not claimed, these shares will be transferred to the IEPF Authority.

Once transferred, shareholders will need to claim them directly from the IEPF, as the company will no longer be responsible.

This highlights the importance for investors to ensure their dividend payments are up-to-date.