Key Quantitative Figures

  • Unclaimed Dividend Amount: Rs 50.00 for Final Dividend of FY 2018-2019
  • Shares Affected: 100 shares held by shareholder Harshad V Shah (Folio No. H00122)
  • Deadline for Claim: 20th August 2026

Dates of Action

  • Notice Publication Date: 23rd May 2026 in Financial Express (English and Gujarati)
  • BSE Communication Date: 26th May 2026
  • IEPF Transfer Date: On or after appropriate date post 20th August 2026 deadline

Parties Involved

  • Regulator: SEBI, IEPF Authority
  • Registrar & Transfer Agent: M/s. MUFG Intime India Private Limited
  • Shareholders: Those with unclaimed dividends for seven or more consecutive years since FY 2018-19

Process Details

1. Shareholders must claim unpaid dividends by 20/08/2026

2. Required documents: Self-attested KYC (PAN, cancelled cheque, utility bill as address proof)

3. Communication must include: Company name, Folio No./DP-CLID, Shareholder name, Contact No., Email ID

4. Post-deadline, company will issue duplicate share certificates and transfer original shares to IEPF

5. After transfer, shareholders must file e-form IEPF-5 with IEPF Authority for reclaiming shares

Financial Impact

  • Direct financial impact limited to unclaimed dividend amounts (Rs 50 in example case)
  • No material financial impact on company operations disclosed
  • Contingent exposure: Potential permanent transfer of shareholder equity to government fund

Capital Structure Impact

  • Reduction in outstanding shares to public shareholders upon transfer to IEPF
  • Change in shareholding pattern for affected folios
  • Dilution impact not quantified in disclosure

Communication Methods

  • Individual notices sent to shareholders at registered addresses
  • Newspaper publication in Financial Express
  • Website disclosure on www.steelcraft.co.in
  • RTA contact: iepf.shares@in.mpms.mufg.com or 079-26465179

#Tags: #AhmedabadSteelcraft #IEPF #SEBIDisclosure #RegulatoryCompliance #ShareholderNotice