Wires & Fabriks (S.A.) has informed that, as per section 124(6) of the Companies Act, 2013 and rules made thereunder, all shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred to IEPF. With reference to above, all shares in respect of which dividend is due and unclaimed with respect to FY 2009-10 and consecutively for seven years, as on due date i.e 2nd September, 2017 will be transferred through Corporate Action to the demat account of IEPF Authority in NSDL system. For shares which are in physical form and due for transfer to IEPF, the Company shall issue new share certificates in lieu of original share certificates for the purpose of transfer of share to IEPF as per rules, and upon such issue, the original share certificates will stand automatically cancelled and be deemed non-negotiable.
The above information is a part of company’s filings submitted to BSE.
