Polyspin Exports Limited, a reputed listed company headquartered in Rajapalayam, Tamil Nadu, has formally published a public notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF). This action follows statutory requirements due to unclaimed dividends from the financial year 2017-18, which have remained unpaid or unclaimed for seven consecutive years or more.

In strict compliance with Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, the company has initiated procedures to transfer shares associated with unclaimed dividends to the IEPF. The Government of India mandates such transfers to safeguard shareholders’ interests and promote transparent corporate governance.

To ensure all shareholders are duly informed, Polyspin Exports published the notice on 4th June 2025 in both the Business Line (English language) and Dinamalar (Tamil language) newspapers. The notice clearly outlines the transfer process and urges shareholders to take prompt action to claim their dividends.

The company has also sent individual registered post notices to shareholders whose dividends are unclaimed for seven consecutive years, advising them to claim their dues expeditiously. The list of shareholders and shares due for transfer is available on the company’s official website: www.polyspin.org.

According to the published notice, shareholders must lodge valid claims for their dividends on or before 12th August 2025. Failure to do so will result in the equity shares being transferred to the IEPF authority by 11th September 2025. Shareholders whose shares are transferred retain the right to reclaim them by applying online to the IEPF Authority. Detailed procedures and forms are accessible via the IEPF website.

For any queries, shareholders can contact the company’s Registrar and Transfer Agent, Integrated Registry Management Services Private Limited, based in Chennai. Contact details and further information are available on the company and agent’s websites.

Polyspin Exports Limited’s proactive communication on this critical matter reflects its commitment to regulatory compliance and safeguarding shareholder interests, while ensuring adherence to corporate governance norms under Indian company law.

About Polyspin Exports Limited:
Established in Rajapalayam, Tamil Nadu, Polyspin Exports Limited operates in the textile and manufacturing sectors. The company maintains strict adherence to statutory regulations, delivering transparency and prompt communication to its shareholder community.

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