Key Dates and Deadlines

  • Dispatch Date of Reminder Letters: July 29, 2026
  • Last Date for Shareholders to Claim Dividends: October 29, 2026
  • Due Date for Transfer to IEPF Account: October 30, 2026
  • Transfer Completion Timeline: Within 30 days of the due date

Financial Details Subject to Transfer

  • Unclaimed Dividend Period: Financial Year 2018-19 (Final) dividend that has remained unclaimed for seven consecutive years
  • Assets to be Transferred: Both unclaimed dividend amounts and the underlying equity shares
  • Scope: Applies to shareholders who have not encashed dividends for seven consecutive years from FY2018-19

Regulatory Framework

The action is mandated under:

  • Section 124(5) & 124(6) of the Companies Act, 2013
  • Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
  • SEBI Listing Regulations, Regulation 30

Procedures for Shareholders

Shareholders must submit the following documents to claim their dividends before the deadline:

  • Formal letter duly signed by all joint holders (if applicable)
  • Self-attested copy of PAN Card and Address Proof
  • Copy of Cancelled Cheque or Bank Statement/Passbook
  • KYC forms as per recent SEBI Circular (available on company website)

Documents can be submitted to:

  • Company Address: Minda Corporation Limited, D-6-11, Sector 59, Noida 201301, Uttar Pradesh
  • Registrar & Share Transfer Agent: Skyline Financial Services Private Limited, D-153 A, First Floor, Okhla Industrial Area, Phase-1, New Delhi-110020
  • Contact Person: Mr. Parveen Sharma (Email: parveen@skylinerta.com, grievances@skylinerta.com, Ph: 011-40450193-97)

Consequences of Non-Claim

  • Both unclaimed dividend amounts and related equity shares will be transferred to the IEPF demat account
  • All subsequent corporate benefits (bonus shares, dividends) will also be credited to IEPF account
  • No claims shall lie against the company once transferred to IEPF

Recovery Process from IEPF

Shareholders can reclaim their assets from IEPF Authority by:

  • Submitting online application in prescribed Form IEPF-5 available at www.iepf.gov.in
  • Sending duly signed physical copy of the form to the company along with requisite documents

Additional Details

  • The company has dispatched individual reminder letters to affected shareholders
  • Details of unclaimed dividends are available on company website at www.sparkminda.com
  • Financial impact not quantified in the disclosure as specific amounts per shareholder are not disclosed