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Chembond Issues Reminder Notices on Transfer of Unclaimed Shares to IEPF

Story Highlights
  • Chembond Material Technologies published reminder notices about transferring certain equity shares to the Investor Education and Protection Fund, in line with Companies Act and IEPF rules.
  • The communication reinforces Chembond’s regulatory compliance and warns shareholders that inaction on unclaimed holdings may lead to share transfer to IEPF without affecting overall capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chembond Issues Reminder Notices on Transfer of Unclaimed Shares to IEPF

Meet Samuel – Your Personal Investing Prophet

Chembond Chemicals Limited ( (IN:CHEMBOND) ) has shared an update.

Chembond Material Technologies has notified the stock exchanges that it has published reminder notices in Business Standard and Mumbai Lakshadeep regarding the transfer of certain equity shares to the Investor Education and Protection Fund, as required under Section 124(6) of the Companies Act, 2013 and related IEPF rules. The move underscores the company’s compliance with regulatory mandates on unclaimed shares and alerts shareholders who risk seeing their equity transferred to the IEPF if they do not act within the specified timelines, a step that can affect individual investors’ holdings but does not alter the company’s overall capital structure.

More about Chembond Chemicals Limited

Chembond Material Technologies Limited, formerly known as Chembond Chemicals Limited, operates in the chemicals and materials sector and is based in Navi Mumbai, India. The company is listed on both BSE and NSE under the scrip code CHEMBOND and serves industrial customers through its portfolio of material technology and chemical solutions.

Average Trading Volume: 1,704

Technical Sentiment Signal: Strong Sell

Current Market Cap: 1.93B INR

Find detailed analytics on CHEMBOND stock on TipRanks’ Stock Analysis page.

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