Kalyani Steels Limited has made a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure concerns individual notices sent to shareholders regarding unpaid/unclaimed dividends.
The company has sent physical letters via postal mail to shareholders whose dividends have remained unpaid or unclaimed for seven or more consecutive years, specifically starting from the dividend for the financial year 2018-19. These notices were dispatched on June 18, 2026, to the addresses available in the company's records.
Under the provisions of Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (as amended), the shares of these shareholders are liable to be transferred to the Investor Education and Protection Fund (IEPF) if the dividends remain unclaimed.
The disclosure serves as a formal notification to the stock exchanges (BSE Limited and National Stock Exchange of India Limited) of this compliance action. The company has requested the exchanges to take this submission on record.
Key Details:
- Regulatory Reference: SEBI Listing Regulations, Regulation 30
- Legal Basis: Companies Act, 2013 Section 124(6) and IEPF Rules
- Action Taken: Dispatch of physical notices to shareholders
- Dispatch Date: June 18, 2026
- Affected Dividends: Unpaid/unclaimed for seven or more consecutive years, starting from FY 2018-19
- Consequence: Shares liable for transfer to IEPF if dividends remain unclaimed
Contact Information:
- Company Secretary: Mrs. D.R. Puranik
- Company Address: Corporate Building, 2nd Floor, Mundhwa, Pune - 411 036
- Investor Email: investor@kalyanisteels.com
The document was digitally signed by Deepti Rajeev Puranik on June 19, 2026, at 16:04:25 IST.