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GIC of India Urges Shareholders to Claim Unpaid Dividends Before Transfer to IEPF

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GIC of India Urges Shareholders to Claim Unpaid Dividends Before Transfer to IEPF

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General Insurance Corporation of India ( (IN:GICRE) ) has issued an announcement.

General Insurance Corporation of India announced a communication to its shareholders regarding the transfer of unclaimed dividends and related equity shares from the financial year 2017-18 to the Investor Education and Protection Fund (IEPF). This action is in compliance with the Companies Act, 2013, which mandates the transfer of unpaid dividends and shares to the IEPF after seven years. Shareholders are urged to claim their unclaimed dividends by October 11, 2025, to avoid the transfer of their dividends and shares to the IEPF, highlighting the importance of timely shareholder engagement and compliance with regulatory requirements.

More about General Insurance Corporation of India

General Insurance Corporation of India is a government-owned company operating in the insurance industry. It primarily focuses on providing reinsurance services, which involve offering insurance to other insurance companies to mitigate their risk exposure.

Average Trading Volume: 46,457

Current Market Cap: 663.4B INR

See more data about GICRE stock on TipRanks’ Stock Analysis page.

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