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SJVN Limited ( (IN:SJVN) ) has issued an update.
SJVN Limited has notified stock exchanges that it has published newspaper advertisements regarding the impending transfer of certain equity shares to the Investor Education and Protection Fund (IEPF), in line with statutory requirements under the Companies Act, 2013 and associated IEPF Rules. The company has identified shareholders whose dividends have remained unclaimed for seven consecutive financial years or more, individually informed them, and uploaded detailed information on its website, advising them to claim unpaid dividends from FY 2018-19 onwards by 25 March 2026 to avoid transfer of their shares to the IEPF; while such shares and amounts can later be reclaimed from the IEPF, no claims will lie against SJVN once the transfer is executed, underscoring the company’s adherence to compliance and investor protection norms.
More about SJVN Limited
SJVN Limited is a Navratna Central Public Sector Enterprise jointly promoted by the Government of India and the Government of Himachal Pradesh. The company operates in the power sector, primarily engaged in the development, generation, and sale of electricity, with a focus on large-scale hydro and other power projects across India.
Average Trading Volume: 276,249
Technical Sentiment Signal: Hold
Current Market Cap: 293.9B INR
Learn more about SJVN stock on TipRanks’ Stock Analysis page.