Unclaimed Dividends

Section 124(5) of Companies Act, 2013 (erstwhile Section 205A of the Companies Act, 1956) mandates that companies transfer dividend that has been unclaimed for a period of seven years from the unpaid dividend account to the Investor Education and Protection Fund (IEPF). In accordance with the following schedule, the dividend for the years mentioned as follows, if unclaimed within a period of seven years, will be transferred to IEPF.


DETAILS OF UNCLAIMED DIVIDEND

YEAR TYPE ACCOUNT NO DIVIDEND PER SHARE % OF DIVIDEND DATE OF DECLARATION DUE DATE FOR TRANSFER TO IEPF
2017 FINAL 50200025616737 Re.0.80 80% 27-JUL-17 01-SEPT-24
2018 INTERIM 50200027732367 Rs.1.60 160% 25-OCT-17 30-NOV-24
2018 FINAL 50200032462904 Re.0.80 80% 02-AUG-18 07-SEP-25
2019 INTERIM 50200034736340 Rs.1.60 160% 05-NOV-18 11-DEC-25
2019 FINAL 50200042368438 Re.0.80 80% 03-AUG-19 08-SEP-26
2020 INTERIM 50200045484761 Rs.1.60 160% 06-NOV-19 12-DEC-26
2020 2ND INTERIM 50200048231700 Rs.2.50 250% 24-FEB-20 31-MAR-27
2021 INTERIM 50200055664062 Rs.2.00 200% 29-JAN-21 06-MAR-28
2022 INTERIM 50200065491336 Rs.2.00 200% 31-JAN-22 08-MAR-29
2023 FINAL 50200083389590 Rs.2.00 200% 08-AUG-23 13-SEP-30


FOR DETAILS ON UNCLAIMED DIVIDENDS YEAR-WISE AS ON 31ST MARCH, 2023, PLEASE CLICK ON THE LINKS BELOW:

Select Year

2021-22


2020-21


Transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority

In terms of Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017, all unpaid or unclaimed dividends are required to be transferred by the Company to the Investor Education and Protection Fund (“IEPF”) established by the Central Government, after completion of seven (7) years. The Rules, inter alia, also contain provisions for transfer of all shares in respect of which dividend has not been paid or claimed by the shareholders of the Company for seven (7) consecutive years or more in the name of IEPF Authority.

The concerned shareholders may click below for details of the shares due for transfer to the IEPF Authority.

Details of equity shares credited to the IEPF Authority

Refund to claimants from Fund

Any person whose shares, unclaimed dividend, etc., has been transferred to the Fund, may claim their refunds to the IEPF Authority by submitting an online application in Form IEPF-5 available on the website of Investor Education and Protection Fund at http://www.iepf.gov.in/IEPF/refund.html