Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

Key Details of Unclaimed Dividend

  • Dividend Period: Final dividend for financial year 2018-2019
  • Date of Declaration: August 31, 2019
  • Due Date for Transfer to IEPF: October 7, 2026
  • Status: Dividend remains unpaid/unclaimed for seven or more consecutive years

Regulatory Framework

The action is taken pursuant to:

  • Section 124(5) and 124(6) of the Companies Act, 2013
  • Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
  • Effective date of rules: September 7, 2016 (as amended)

Consequences of Non-Claim

  • Unpaid dividend amounts will be transferred to IEPF
  • Corresponding shares will be transferred to the Demat Account of IEPF Authority
  • No claims shall lie against the company after transfer
  • Final deadline for claims: October 9, 2026

Required Documents for Claim

Shareholders must submit the following to the company's registered office:

  • Original time-barred Dividend Warrant
  • Bank statement for encashment of previous dividends (if original warrant not available)
  • Self-attested copy of PAN Card
  • Cancelled Cheque

Additional Instructions for Physical Shareholders

The company strongly recommends:

1. Update KYC details (PAN, AADHAR, etc.) and bank details with the company's RTA

2. Dematerialize physical shares to avoid future complications

Dematerialization Process Overview

  • Open Demat account if not existing
  • Surrender share certificates to Depository Participant with Dematerialization Request Form
  • DP submits certificates to RTA
  • RTA confirms and completes dematerialization process
  • Depository updates accounts

Benefits of Demat Holding

  • Immediate and fast transfer of securities
  • Elimination of risk of loss, theft, or mutilation
  • Faster settlement and disbursement of corporate benefits
  • Elimination of bank account and address mismatches
  • Convenient nomination facilities and transmission formalities
  • Better liquidity

Disadvantages of Physical Holding

  • Shares cannot be transferred except for transmission and transposition
  • Risk of loss or theft of certificates
  • Delay in disbursement of corporate benefits
  • Lengthy transmission process for deceased holders
  • Time-consuming duplicate certificate issuance
  • Poor liquidity and inability to sell immediately

Company Contact Information:

Company Identification: CIN: L34100GJ1985PLC007958