Key Dates and Deadlines
- Equity shares with unclaimed dividends for seven consecutive years will be transferred to IEPF on November 1, 2026
- Shareholders must submit claims by October 20, 2026
- The letter was sent to shareholders on July 22, 2026
- The regulatory filing was made on July 24, 2026
Documentation Requirements
For Demat Shareholders:
- Signed request form
- Copy of Demat Account Statement (Client Master list) showing name, address, demat and bank account details
- Self-attested copy of cancelled cheque
For Physical Shareholders:
- Signed request form
- KYC Compliance Investor Service Request Form ISR-1, Form ISR-2 and Form No. SH-13
- Supporting documents including self-attested copy of PAN card, address proof
- Original cancelled cheque with account holder's name
Financial Impact and Procedures
Unclaimed dividends from financial year 2018-2019 onwards are subject to transfer. The company has uploaded year-wise statement of unclaimed dividends on its website www.panabyte.com.
As per SEBI circulars dated November 3, 2021 and December 14, 2021, outstanding payments will be credited directly to bank accounts for KYC-compliant folios. No payments can be made without complete bank details.
Consequences of Non-action
If valid claims are not received by October 20, 2026, both shares and unclaimed dividends will be transferred to IEPF without further notice. After transfer to IEPF, no claims will lie against the company. Shareholders may claim from IEPF by submitting online application in Form IEPF-5 available at www.iepf.gov.in and sending a physical copy to the company.
Annexure Content
The disclosure includes a sample claim form for shareholders to complete, requesting bank account details for dividend payment including Folio/DPID & Client_ID, Bank Account No. & Type, Bank Name & Branch, MICR No., IFSC Code, Email ID, and Mobile No.
#Tags: #PanabyteTechnologies #IEPF #SEBIDisclosure #RegulatoryCompliance #ShareholderCommunication #Neutral