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TCS Issues Reminder on Unclaimed Dividends and Share Transfers

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TCS Issues Reminder on Unclaimed Dividends and Share Transfers

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An announcement from Tata Consultancy Services Limited ( (IN:TCS) ) is now available.

Tata Consultancy Services Limited has issued a reminder to shareholders regarding unclaimed dividends from the financial year 2018-19. The company has published notices in multiple newspapers to inform shareholders whose dividends have remained unclaimed for seven or more consecutive years, making their shares liable for transfer to the Investor Education and Protection Fund (IEPF) Authority. This move is in compliance with the Companies Act, 2013, and related rules, ensuring that shareholders are adequately informed and have the opportunity to claim their dividends before the shares are transferred.

More about Tata Consultancy Services Limited

Tata Consultancy Services Limited (TCS) is a leading global IT services, consulting, and business solutions organization. It offers a wide range of services including IT services, business solutions, and outsourcing. TCS is part of the Tata Group, India’s largest multinational business group, and focuses on delivering innovative solutions to clients across various industries worldwide.

Average Trading Volume: 172,342

Technical Sentiment Signal: Sell

Current Market Cap: 10982.7B INR

For detailed information about TCS stock, go to TipRanks’ Stock Analysis page.

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