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The Hi-Tech Gea

22nd-Apr-2021 15:08Source: BSE

The Hi -Tech Gears - Transfer Of Shares To The Account Of IEPF Authority

Pursuant to provisions of the Companies Act 2013 read with IEPF Authority Rules 2016, all shares in respect of which dividend has not been paid or claimed for 7 consecutive years or more shall be transferred by the company to IEPF authority account.
The Company identified 1 case which was eligible to be transferred to IEPF Authority in the current FY relating to interim dividend declared during the FY 2013-14. We have sent the individual notice to the shareholder and published notice pursuant to above provisions in the Newspapers informing him to claim the dividend at the earliest. In the absence of the reply/claim, the shares were duly transferred to the IEPF Authority.
The CDSL has acknowledged the credit of transfer of 3200 shares by enclosed letter dated April 22, 2021. In view of this, corporate action pursuant to above provisions is completed for transfer of 3200 shares to the IEPF Authority Account.
You are requested to take note of the above on record and oblige.

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