Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) has issued a notice to its shareholders regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Account. This action is in accordance with Section 124(6) of the Companies Act, 2013, and the relevant rules. The company has published this notice in the ‘Loksatta Jansatta’ newspaper and made it available on its website, fulfilling regulatory disclosure requirements.
GNFC Announces IEPF Share Transfer
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) has formally notified its shareholders about the upcoming transfer of certain equity shares to the Investor Education and Protection Fund (IEPF) Account. This significant corporate action is being undertaken in compliance with the provisions of Section 124(6) of the Companies Act, 2013, read in conjunction with Rule 6 of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.
Disclosure and Compliance
To ensure transparency and inform all concerned stakeholders, GNFC has published a detailed notice regarding this matter. The notice appeared in the Vadodara Edition of ‘Loksatta Jansatta’ newspaper. Furthermore, the company has ensured that this information is accessible to the public by making the advertisement available on its official website, www.gnfc.in.
This communication serves as a formal intimation to the stock exchanges, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. GNFC requests that the stock exchanges kindly take note of this disclosure.
Source: BSE
