Key Details

Regulatory Basis

Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding compliance with Section 124(6) of Companies Act, 2013 read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.

Dividend Information

  • Dividend Type: Final dividend for Financial Year 2018-19
  • Date of Declaration: September 14, 2019
  • Due Date for Transfer to IEPF: October 13, 2026
  • Status: Unpaid/unclaimed for seven or more consecutive years

Transfer Requirements

As per Section 124(5) and 124(6) of Companies Act, 2013:

  • Unpaid dividend amounts must be transferred to IEPF after remaining unclaimed for seven years
  • All shares in respect of which dividend remained unclaimed/unpaid for seven or more consecutive years must be transferred to IEPF Authority's Demat account
  • No claims shall lie against the company after transfer to IEPF

Shareholder Action Required

Shareholders must submit the following documents to MCS Share Transfer Agent Ltd. (Company's RTA) by September 30, 2026:

  • Original time-barred Dividend Warrant
  • Self-attested copy of PAN Card and Aadhaar
  • Cancelled Cheque
  • Updated Client Master List

Special Initiative

The company has initiated "Saksham Niveshak – 100 Days Campaign" to proactively reach out to shareholders to:

  • Update KYC information
  • Claim unpaid/unclaimed dividends
  • Prevent shares from being transferred to IEPF

Important Deadlines

  • Response Deadline: September 30, 2026
  • IEPF Transfer Date: October 13, 2026
  • No requests will be entertained after the September 30, 2026 deadline

Additional Recommendations

  • Shareholders holding physical shares should update KYC details with RTA
  • Shareholders should dematerialize physical shares
  • Demat shareholders should contact their Depository Participants to update details

Financial Impact

Specific dividend amounts are not quantified in the disclosure. The impact relates to unclaimed dividend amounts from FY 2018-19 final dividend and potential transfer of corresponding shares to IEPF Authority.