Key Details
- The company published newspaper advertisements in Business Standard (English) and Prahar (Marathi) newspapers, both having electronic editions
- The notice concerns transfer of equity shares to the Investors Education & Protection Fund (IEPF) Suspense Account for financial year 2018-19
- The transfer is being done as per the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (IEPF Rules)
- A separate communication has already been sent via post to individual shareholders whose shares pertaining to FY 2018-19 are eligible for transfer to IEPF
- The company has uploaded full details of such shareholders and shares due for transfer to IEPF Authority on its website at www.indostarcapital.com
Timeline and Deadlines
- Shareholders must claim unpaid/unclaimed dividends by October 02, 2026
- If no communication is received by October 02, 2026, the company will transfer the shares to IEPF Authority through corporate action as per procedure stipulated in the Rules
Financial Impact
Shares and all benefits accruing on such shares will be transferred to IEPF if unclaimed by the deadline. Shareholders can claim back both unclaimed dividend and shares from IEPF Authority after following prescribed procedures.