Key Quantitative Details
The disclosure concerns equity shares of face value ₹2 each (post split/sub-division) for which dividends have remained unclaimed for seven consecutive financial years: 2018-19 (Final), 2019-20 (Interim), 2020-21, 2021-22, 2022-23, 2023-24, and 2024-25.
Critical Dates
- Unclaimed dividend for financial year 2018-19 (Final) will be due for transfer to IEPF on 24th September, 2026
- Shareholders must submit claims before 24th September, 2026 to prevent share transfer
- Document issued on 18th June, 2026
Parties Involved
- HEG Limited (Issuer Company)
- Investor Education and Protection Fund (IEPF) Authority (Beneficiary)
- MCS Share Transfer Agent Limited (RTA of HEG Limited)
- Shareholders with unclaimed dividends
Financial Impact
Upon transfer to IEPF Authority:
- All unclaimed dividends become irrevocable property of IEPF
- All corporate benefits accruing on transferred shares will be credited to IEPF
- Voting rights on transferred shares remain frozen until claimed by rightful owner
- No claims shall lie against the company after transfer
Shareholder Action Required
Shareholders must submit before 24th September, 2026:
1. Formal claim letter duly signed by shareholder(s)
2. Self-attested copy of PAN Card
3. Certified copy of address proof with email ID and contact number(s)
4. Bank account details with original cancelled cheque leaf or attested copy of bank passbook
Additional Information
- Complete details of shareholders (names, folio numbers, DP ID - Client ID, number of shares) available on company website: https://hegltd.com/transfer-of-shares-to-iepf/
- Unpaid/unclaimed dividend details available at: https://hegltd.com/unpaid-unclaimed-amounts/
- Physical shareholders must update PAN, KYC, and bank account details with RTA for electronic dividend payments
- Claims for transferred shares and dividends must be made directly to IEPF Authority via www.iepf.gov.in