National Fertilizers Limited (NFL) has officially confirmed the transfer of 2,770 equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action was taken in compliance with Section 124(6) of the Companies Act, 2013, and related rules. The announcement, dated March 27, 2026, details that all transferred shares originated from the Central Depository Services (India) Limited (CDSL), fulfilling regulatory requirements concerning unclaimed dividends.
Compliance Update on Share Transfer
National Fertilizers Limited (NFL), a Government of India Undertaking, has executed the mandatory transfer of certain equity shares to the Investor Education and Protection Fund (IEPF) Authority. This corporate action was finalized in accordance with the provisions laid out under Section 124(6) of the Companies Act, 2013, and the associated Rules of 2016 regarding the Authority’s functioning.
Details of Shares Transferred
The total number of equity shares transferred was 2,770. This action concerns shares for which dividend payments remained unclaimed by the respective shareholders over the mandated period. The submission confirms that the entirety of these 2,770 shares were processed through the Central Depository Services (India) Limited (CDSL).
The official notification confirming this transfer was issued on March 27, 2026, and addressed to both the National Stock Exchange of India Ltd. and the BSE Limited for necessary disclosure to the market and investors.
Source: BSE
