Investor information

Unclaimed Dividend and Shares

Pursuant to Section 125 of the Companies Act, 2013, the Central Government has established a Fund called Investor Education and Protection Fund (IEPF) which is credited, inter-alia, with the amount of dividend remaining unclaimed / unpaid for a period of 7 years from the date they are transferred to Unpaid Dividend Account. Accordingly, the Company has transferred the unpaid/ unclaimed amount pertaining to Final Dividend for the financial year 2015-16 and Interim Dividend for the financial year 2016-17 respectively to the IEPF.

Further, pursuant to Section 124 of the Companies Act, 2013, the shares in respect of which dividend has not been claimed or encashed by the shareholders for 7 consecutive years or more shall also be transferred to the demat account in the name of IEPF.