HFCL Limited has issued an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) Authority.

The disclosure states that dividend declared for financial year 2018-19 which remained unclaimed for seven consecutive years will be credited to IEPF. Corresponding shares on which dividends were unclaimed for seven consecutive years or more will also be transferred to IEPF Authority as per the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.

Key Actions and Dates

  • The company sent individual notices to concerned shareholders on July 29, 2026
  • Shareholders must claim unpaid/unclaimed dividend for FY2018-19 by Thursday, October 15, 2026
  • Equity shares are liable to be transferred to IEPF Authority demat account by Tuesday, November 3, 2026

Shareholder Requirements

To claim unclaimed dividend, shareholders must submit by October 15, 2026:

  • Written application
  • Copy of self-attested PAN Card
  • Cancelled cheque of registered bank account / Copy of Bank statement or Passbook/Client Master Report
  • Original un-encashed Dividend warrant (if available)

Applications should be sent to MCS Share Transfer Agent Ltd at 179-180, DSIDC Shed, 3rd Floor Okhla Industrial Area, Phase – 1, New Delhi – 110020 or to HFCL's Secretarial Department.

Transfer Process

  • For physical share holders: Company will issue duplicate share certificates for transfer; original certificates will automatically stand cancelled
  • For demat share holders: Company will transfer shares directly to IEPF Authority demat account through depository participants

Consequences of Transfer

Once shares and/or unpaid/unclaimed dividend are transferred to IEPF Authority/IEPF Fund:

  • All corporate benefits accruing on such shares will be credited to IEPF Authority
  • Voting rights on such shares will remain frozen
  • No claim in respect of such shares and/or unpaid/unclaimed dividends shall lie with the Company

Additional Information

The complete list of shareholders with unpaid FY2018-19 dividend is available on HFCL's website (https://www.hfcl.com) under the 'Dividend' tab of 'Investors' section.

Shareholders can claim transferred shares and dividends from IEPF Authority by following the procedure on http://www.iepf.gov.in/IEPF/refund.html

Financial Impact

Financial impact not quantified in the disclosure.