Key Timeline and Deadline

  • Claim Deadline: October 25, 2026
  • Financial Year Affected: 2018-19 dividend remains unclaimed for seven consecutive years
  • Previous Transfer Completed: Shares for financial year 2017-18 already transferred to IEPF

Transfer Consequences

If dividends are not claimed by October 25, 2026:

  • Equity shares (both physical and electronic) corresponding to unclaimed dividends will be transferred to IEPF
  • No further notice will be provided before transfer
  • No claims shall lie against the company after transfer to IEPF

Claim Procedure Requirements

For Demat Holdings:

  • Copy of Client Master List showing name, address, Demat and bank account details
  • Original cancelled cheque leaf bearing name of first holder

For Physical Share Certificates:

  • Forms ISR-1, ISR-2 and SH-13 (Nomination Form) duly filled and signed
  • Self-attested copy of PAN card, address proof, and cancelled cheque with account holder name

KYC Compliance Mandate

As per SEBI Circulars dated November 3, 2021, December 14, 2021 and March 16, 2023:

  • Dividend payments will be credited ONLY to bank accounts of KYC-compliant folios
  • No payments can be made without complete bank details registered against account

Recovery Process After Transfer

Shareholders can reclaim transferred assets from IEPF Authority by:

  • Submitting online application in prescribed Form IEPF-5
  • Following procedure prescribed by IEPF Rules at www.iepf.gov.in
  • Reclaimed assets include shares plus all benefits accruing on such shares

Additional Initiative

IEPF Authority has re-initiated 'Saksham Niveshak' Second 100 Days Campaign encouraging shareholders to update KYC details and submit dividend claims.