Sarda Energy & Minerals Ltd. (SEML), an ISO 9001, ISO 14001, and ISO 45001 certified company, has issued a statutory communication to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) regarding the publication of advertisements concerning Investor Education and Protection Fund (IEPF) Rules, 2016. The company notified its shareholders through leading newspapers to claim their unpaid or unclaimed dividends to prevent their shares from being transferred to the IEPF Authority.

The communication was formally sent to:

• BSE Limited, Phiroze Jeejeebhoy Towers, Mumbai

• NSE of India Ltd., Exchange Plaza, Bandra Kurla Complex, Mumbai

The company's securities are listed as:

• BSE Security Code: 504614

• NSE Symbol: SARDAEN, Series EQ

The notice, dated 3rd July 2025, was sent by the Company Secretary on behalf of Sarda Energy & Minerals Ltd., requesting the exchanges to take the information on record.

About the Published Notice

As per Section 124(6) of the Companies Act, 2013 and the corresponding Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, every company is mandated to identify shareholders who have not claimed their dividends for a continuous period of seven years or more, and to transfer their underlying shares to the IEPF Demat account maintained by the IEPF Authority.

In compliance with these provisions, Sarda Energy & Minerals Ltd. has:

• Published public advertisements in two newspapers:

  • Indian Express (English daily)

  • Loksatta (Marathi daily - Vernacular language)

• Issued a formal appeal to shareholders whose dividends have remained unclaimed

• Warned that failure to act within the prescribed period would result in mandatory transfer of shares to the Demat account of the IEPF Authority

The company’s advertisement, in accordance with the rules, would have included details such as:

• Shareholder names or folio numbers

• Dividend amount and year

• Cut-off date to claim dividend

• Directions to claim such dividends by contacting the company's Registrar and Transfer Agent (RTA)

Implication for Shareholders

Failure to respond to this notice would mean:

• Automatic transfer of equity shares (on which dividend is unclaimed for 7 consecutive years) to the IEPF Authority

• Post-transfer, shareholders would be required to apply to the IEPF Authority directly to reclaim their shares and dividends

• This adds significant administrative burden and delays recovery

Hence, the notice serves as a last reminder to affected shareholders to avoid irreversible transfer actions.

Regulatory Background

Under the IEPF Rules, 2016, companies must:

1. Identify unclaimed dividend accounts

2. Send individual communications to concerned shareholders

3. Publish public notices in one English national daily and one vernacular newspaper

4. Provide at least 3 months’ time before initiating transfer to IEPF

5. Upload necessary details on the company’s website

Sarda Energy has confirmed compliance with all these stipulations via its corporate filing.

About Sarda Energy & Minerals Ltd.

Sarda Energy & Minerals Ltd. (SEML) is a vertically integrated producer of steel and ferro alloys, based in India. The company is known for its high-quality infrastructure and operational efficiency in the mineral-based industry. SEML is a publicly listed company on both BSE and NSE, and maintains transparent corporate governance standards.

Its certifications of ISO 9001, ISO 14001, and ISO 45001 are indicative of its commitment to quality management, environmental responsibility, and occupational safety.

Conclusion

The notice from Sarda Energy & Minerals Ltd. reflects its proactive approach in fulfilling its regulatory obligations and protecting shareholder interests. Shareholders are advised to check the published lists in Indian Express and Loksatta (dated 3rd July 2025) and immediately claim their unpaid dividends to ensure retention of share ownership. Non-compliance could lead to transfer of shares to the Investor Education and Protection Fund Authority, complicating the reclaim process.

The company has also urged exchanges to take this disclosure on record and treat the matter with appropriate visibility and importance.

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