Gujarat Energy Limited IEPF Transfer Disclosure

Key Regulatory References

  • Section 124 of the Companies Act, 2013
  • Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
  • SEBI Regulation 30 of Listing Obligations and Disclosure Requirements

Specific Details of Transfer

  • Transfer Timeline: Dividends unclaimed for seven consecutive years or more must be transferred to IEPF
  • Affected Period: Financial Year 2018-19 onwards
  • Deadline for Claims: 25th September, 2026
  • Previous Transfers: Unpaid dividends up to FY 2017-18 have already been transferred to IEPF

Shareholder Communication Details

  • Newspaper advertisements published in Financial Express (English and Gujarati) on 3rd July, 2026
  • Individual reminder letters sent to identified shareholders
  • Full details of affected shareholders (Name, Folio No./DP ID/Client ID) uploaded on company website: www.gujarat-energy.com under Investors Section

Transfer Process Details

  • Physical Shares: New share certificates will be issued and transferred to IEPF demat account
  • Demat Shares: Direct debit from shareholder's demat account to IEPF demat account
  • Original certificates for physical shares will stand automatically cancelled upon transfer

Claim Procedure for Shareholders

Shareholders must submit application with following documents to KFin Technologies Limited (RTA) by 25th September, 2026:

For Demat Holdings:

  • Application-cum-Undertaking duly signed
  • Copy of updated Client Master List with DP stamp and signature
  • Payment will be made to bank account registered against demat account

For Physical Holdings:

  • Application-cum-Undertaking duly signed
  • Form ISR-1 (for PAN, KYC updation)
  • Form ISR-2 (for signature confirmation)
  • Original cancelled cheque leaf with account holder name
  • Supporting documents as mentioned in Investor Request Forms

Consequences of Non-Claim

If no communication received by 25th September, 2026:

  • Dividend amounts and corresponding shares will be transferred to IEPF Authority
  • No further notice will be provided
  • No claim shall lie against the company after transfer
  • All subsequent corporate benefits will accrue to IEPF Authority

Post-Transfer Claim Process

Shareholders can claim from IEPF Authority by:

  • Making application in e-Form IEPF-5 online
  • Sending physical copy duly signed to company's corporate office or RTA
  • Following procedure prescribed under IEPF Rules
  • Rules and forms available at www.iepf.gov.in

Additional Documents Included

  • Copies of newspaper advertisements
  • Copies of reminder letters to shareholders
  • Letter cum indemnity format for dividend claims

Financial Impact

Financial impact not quantified in the disclosure, but involves transfer of unclaimed dividend amounts and corresponding equity shares to IEPF Authority.