Shareholder -- Shareholder's Inquiry
The Dividend declared and distributed by the Company to its shareholders which remains unclaimed gets accumulated with the Company. As per Section 125 of the Companies Act, 2013, such unclaimed dividend lying with the companies for a period of seven years is required to be transferred to the Investor Education and Protection Fund (IEPF)
MCA had issued a Circular, notified in the Gazette of India G.S.R. 854 (E) dated September 5, 2016, notifying the Rule "Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016". As per this Rule, claims in respect of dividend amounts which has been transferred to IEPF, can be made by making an application in Form IEPF 5. The refund procedure can be accessed at:
https://www.iepf.gov.in
As per the said Rule and the Companies Act, 2013, companies have to identify and upload details of unclaimed dividend on their website. Accordingly detailed information as on March 31, 2024 along with respective due dates for transfer of unclaimed dividend to the IEPF are provided for the benefit of our Investors as below :
Unpaid/Unclaimed dividend amount as on March 31, 2024
Description |
Due date |
Unpaid/Unclaimed dividend amount for the year 2016-2017
|
November 8, 2024 |
Unpaid/Unclaimed dividend amount for the year 2017-2018
|
October 30, 2025 |
Unpaid/Unclaimed dividend amount for the year 2018-2019
|
December 1, 2026
|
Unpaid/Unclaimed dividend amount for the year 2019-2020 |
January 14, 2028 |
Unpaid/Unclaimed dividend amount for the year 2020-2021 |
December 3, 2028 |
Unpaid/Unclaimed dividend amount for the year 2021-2022 |
November 11, 2029 |
Unpaid/Unclaimed dividend amount for the year 2022-2023 |
October 26, 2030 |
|
Unpaid Dividend for the year 2023-2024 pursuant to Section 124(2) of the Companies Act, 2013
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