Unclaimed Dividend

Pursuant to Section 124 of the Companies Act, 2013, read with Investors Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (‘the Rules’), as amended, all unclaimed/un-encashed dividends / matured debentures are required to be transferred by the Company to the Investor Education and Protection Fund (IEPF) established by the Central Government, after the completion of seven years. Further, according to the Rules, the shares in respect of which dividend has not been claimed or en-cashed by the shareholders for seven consecutive years or more shall also be transferred to the demat account created by the IEPF Authority in accordance with the Rules.

Unclaimed Dividend liable to be transferred to the IEPF:

The following table provides the dividend declared/paid by the Company and due date for transfer of the unclaimed dividends to the IEPF:

Year Type of dividend Date of declaration Due date for transfer to IEPF
2013-14 Final 15-09-2014 21-10-2021
2014-15 Final 10-08-2015 15-09-2022
2015-16 Final 16-09-2016 22-10-2023
2016-17 Final 18-09-2017 24-10-2024
2017-18 Final 14-09-2018 20-10-2025
2018-19 Final 14-09-2019 20-10-2026
2019-20 Final 29-09-2020 04-11-2027

For details of unpaid/unclaimed dividend as at 2021 to 2023, Click here

Transfer of equity shares to the Investors Education and Protection Fund (IEPF):

All shares of the Company in respect of which dividends have remained unclaimed or un-encashed for seven consecutive years or more, are required to be transferred by the Company to the IEPF established by the Government of India. The Company sends periodic communication to the respective shareholders to claim/encash the dividend.

Details of Equity Shares liable to be transferred to the IEPF:

The company will be transferring the shares pertaining to dividend declared for the financial year 2015-16, in respect of which dividend has remained unpaid or unclaimed for seven consecutive years or more shall be transferred by the Company in the name of Investor Education and Protection Fund.

Shareholders are requested to claim the dividend by submitting required details for the Dividend to Company’s RTA K-FIN Technologies Limited (email:- einward.ris@kfintech.com) before October 15, 2023.

Particulars of Dividend Due Date of transfer
Final Dividend 2015-16 15-10-2023

For details of Equity Shares liable to be transferred to the IEPF during the year. Click here

Application to claim the unclaimed dividend / shares from IEPF Authority:

Upon transfer of dividend / shares to IEPF, shareholders can claim the unclaimed dividend amount and the shares transferred to the Demat Account of the IEPF Authority by making an application in Web Form IEPF-5 online available on the website of Investors Education and Protection Fund at www.iepf.gov.in/IEPF/corporates.html

Shareholders are requested to send the physical copy of the same duly signed (as per registered specimen signature) along with requisite documents enumerated in the said Web Form IEPF-5 to the Company addressed to the Nodal officer at its registered office for verification of your claim. If the documents are found to be in order, the Company will send a verification report to IEPF Authority for refund of the unclaimed dividend amount and transfer of the shares back to the credit of the concerned shareholder.

Unclaimed dividend details in Form 5 INV, as required by the Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, are provided herein below for the all unclaimed dividend accounts outstanding for the financial year ending March 31, 2015 (drawn upto the date of Annual General Meeting (AGM) August 10, 2015) in terms of the Ministry of Corporate Affairs Notification No. G.S.R 352 (E) dated May 10, 2012.
 
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Unclaimed dividend for F.Y. 2016-17 as on 18th September, 2017
Unclaimed dividend for F.Y. 2014-15 as on 16th September, 2016
Unclaimed Dividend for F.Y. 2013-14 as on 16th September, 2016
Unclaimed Dividend for F.Y. 2013-14 as on 10th August, 2015