In terms of the provisions of section 205A(5) of the Companies Act 1956, the Company is required to transfer unclaimed dividend after expiry of a period of seven years to the Investor Education and Protection Fund (IEPF) set up in terms of the provisions of Section 205C of the Companies Act, 1956.
The Ministry of Corporate Affairs has on 10th May, 2012, notified Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, whereby the details of investors whose dividends / fixed deposits / refundable share application money / interest due etc. have remained unclaimed for a period of seven years are required to be provided to the Central Government and also to be uploaded on the website of the Company.
Accordingly, the details of such unpaid / unclaimed amounts alongwith their respective due dates for transfer to IEPF are provided for the benefit of investors as given hereunder.
The Shareholders may please claim their unclaimed / unpaid amount due to them by making a request to the Company giving their particulars before the same are transferred to the IEPF. Request format. Please note that no claim lies against the Company or IEPF in respect of the amount which remained unclaimed / unpaid for a period of seven years from their due date and no payment shall be made in respect of any such claim.
As such, the detailed information is being provided for the benefit of our Shareholders.
Financial year to which unclaimed dividend relates