Key Compliance Details

  • Regulatory Basis: Section 124(6) of Companies Act, 2013 read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (IEPF Rules)
  • Transfer Deadline: October 31, 2026 for unclaimed dividends from financial year 2018-19
  • Claim Deadline: August 31, 2026 for shareholders to prevent transfer

Specific Scenarios Covered

Scenario 1: Standard Dividend Transfer

  • Dividend for financial year 2018-19 remains unclaimed
  • Equity shares with 7+ consecutive years of unclaimed dividends will be transferred to IEPF Authority demat account
  • Subsequent corporate benefits on such shares will also be credited to IEPF Authority

Scenario 2: Physical Share Certificate Holders

  • Involves shareholders who haven't surrendered old share certificates of predecessor companies: Ramganga Fertilizers Limited, Vam Organic Chemicals Limited, Jubilant Organosys Limited
  • Old certificates were Rs. 10 and Rs. 5 denominated shares requiring exchange for new Re. 1 denominated certificates
  • Unclaimed shares were transferred to Jubilant Pharmova Limited-Unclaimed Suspense Account in 2012
  • Dividend for 2018-19 remains unpaid and subject to IEPF transfer

Financial Impact

  • Unclaimed dividends from multiple financial years (2018-19 through 2024-25) are subject to transfer
  • Specific dividend amounts are not quantified in the disclosure but are represented in a table format with blank values
  • Equity shares of unspecified quantity will be transferred to IEPF

Shareholder Action Required

  • Claim Submission: Applications must be made to Alankit Assignments Limited (Unit: Jubilant Pharmova Limited) at 205-208 Anar kali Complex, Jhandewalan Extension, New Delhi-110055
  • Required Documents: Request letter signed by shareholder(s), self-attested PAN Card copy, photocopy of blank cancelled cheque, original share certificate (for physical certificate holders)
  • Post-Transfer Claims: Shareholders can claim transferred dividends/shares from IEPF Authority via online Form IEPF-5

Important Conditions

  • Company will not transfer shares to IEPF if there is a specific restraining order from any authority
  • Shares pledged or hypothecated under Depositories Act, 1996 are exempt from transfer
  • No claims shall lie against the Company after transfer to IEPF Authority

Additional Information

  • Detailed information available on company website: www.jubilantpharmova.com
  • Contact: investors@jubl.com, Phone: +91-5924-267437