Unclaimed Dividend and Shares

Pursuant to the Section 124 of the Companies Act, 2013, read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (‘the Rules’),as amended, all unclaimed/un-encashed dividends 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.

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Unclaimed Dividend liable to be transferred to the IEPF

Section 124 of the Companies Act, 2013, read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (“the Rules”), as amended, mandate the companies to transfer the dividend that has remained unclaimed/un-encashed for a period of seven years from the unpaid dividend account to the Investor Education and Protection Fund (IEPF). Further, the Rules also mandate that the shares on which dividend has not been claimed or encashed for seven consecutive years or more be transferred to the IEPF.


The following table provides a list of years for which unclaimed dividends and their corresponding shares would become eligible to be transferred to the IEPF on the dates mentioned below:

Unclaimed Dividend liable to be transferred to the IEPF

Year Type of Dividend Dividend per Share (in Rs.) Date of Declaration Due Date for Transfer to IEPF
2017-18 Final 2.50 24 July 2018 29 August 2025
2018-19 Final 4.00 20 July 2019 25 August 2026
2018-19 Interim 2.50 23 January 2019 28 February 2026
2019-20 Interim 3.00 23 January 2020 28 February 2027
2019-20 2nd Interim 2.50 04 March 2020 09 April 2027
2020-21 Final 2.40 20 July 2021 25 August 2028
2021-22 Final 1.60 20 July 2022 25 August 2029
2021-22 Interim 3.50 28 January 2022 05 March 2029
2022-23 Final 1.70 20 July 2023 25 August 2030
2022-23 Interim 1.00 25 January 2023 02 March 2030
2023-24 Final 1.50 20 July 2024 25 August 2031
2023-24 Interim 1.00 25 January 2024 01 March 2031
2024-25 Interim 12.00 28 January 2025 05 March 2032
Year 2017-18
Type of Dividend Final
Dividend per Share (in Rs.) 2.50
Date of Declaration 24 July 2018
Due Date for Transfer to IEPF 29 August 2025
Year 2018-19
Type of Dividend Final
Dividend per Share (in Rs.) 4.00
Date of Declaration 20 July 2019
Due Date for Transfer to IEPF 25 August 2026
Year 2018-19
Type of Dividend Interim
Dividend per Share (in Rs.) 2.50
Date of Declaration 23 January 2019
Due Date for Transfer to IEPF 28 February 2026
Year 2019-20
Type of Dividend Interim
Dividend per Share (in Rs.) 3.00
Date of Declaration 23 January 2020
Due Date for Transfer to IEPF 28 February 2027
Year 2019-20
Type of Dividend 2nd Interim
Dividend per Share (in Rs.) 2.50
Date of Declaration 04 March 2020
Due Date for Transfer to IEPF 09 April 2027
Year 2020-21
Type of Dividend Final
Dividend per Share (in Rs.) 2.40
Date of Declaration 20 July 2021
Due Date for Transfer to IEPF 25 August 2028
Year 2021-22
Type of Dividend Final
Dividend per Share (in Rs.) 1.60
Date of Declaration 20 July 2022
Due Date for Transfer to IEPF 25 August 2029
Year 2021-22
Type of Dividend Interim
Dividend per Share (in Rs.) 3.50
Date of Declaration 28 January 2022
Due Date for Transfer to IEPF 05 March 2029
Year 2022-23
Type of Dividend Final
Dividend per Share (in Rs.) 1.70
Date of Declaration 20 July 2023
Due Date for Transfer to IEPF 25 August 2030
Year 2022-23
Type of Dividend Interim
Dividend per Share (in Rs.) 1.00
Date of Declaration 25 January 2023
Due Date for Transfer to IEPF 02 March 2030
Year 2023-24
Type of Dividend Final
Dividend per Share (in Rs.) 1.50
Date of Declaration 20 July 2024
Due Date for Transfer to IEPF 25 August 2031
Year 2023-24
Type of Dividend Interim
Dividend per Share (in Rs.) 1.00
Date of Declaration 25 January 2024
Due Date for Transfer to IEPF 01 March 2031
Year 2024-25
Type of Dividend Interim
Dividend per Share (in Rs.) 12.00
Date of Declaration 28 January 2025
Due Date for Transfer to IEPF 05 March 2032

Unclaimed Dividend as on March 31, 2025

The statements on unclaimed dividend as required pursuant to the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund Rules) 2016 are provided below for all the unclaimed dividend accounts outstanding as on the date of closure of financial year the account of which was adopted in Annual General Meeting held on July 20, 2024 (this date will be updated each financial year as per AGM).

Transfer of equity shares to the Investor Education and Protection Fund

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 Investor Education and Protection Fund (‘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 transferred to the IEPF

The shares on which dividends were due for seven consecutive years were transferred to the IEPF Authority. The details are hereunder:

Shares transferred / liable to be transferred to IEPF

S. No. Year Particulars Date of Transfer
1 2006-07 Final Dividend 22-Sep-14
2 2007-08 Final Dividend 07-Sep-15
3 2008-09 Final Dividend 07-Sep-16
4 2009-10 Final Dividend 04-Oct-17
5 2010-11 Final Dividend 01-Sep-18
6 2011-12 Final Dividend 23-Dec-19
7 2012-13 Final Dividend 17-Sep-20
8 2013-14 Final Dividend 22-Sep-21
9 2014-15 Final Dividend 19-Sep-22
10 2015-16(I) Interim Dividend 08-May-23
11 2016-17 Final Dividend 04-Oct-24
S. No. 1
Year 2006-07
Particulars Final Dividend
Date of Transfer 22-Sep-14
S. No. 2
Year 2007-08
Particulars Final Dividend
Date of Transfer 07-Sep-15
S. No. 3
Year 2008-09
Particulars Final Dividend
Date of Transfer 07-Sep-16
S. No. 4
Year 2009-10
Particulars Final Dividend
Date of Transfer 04-Oct-17
S. No. 5
Year 2010-11
Particulars Final Dividend
Date of Transfer 01-Sep-18
S. No. 6
Year 2011-12
Particulars Final Dividend
Date of Transfer 23-Dec-19
S. No. 7
Year 2012-13
Particulars Final Dividend
Date of Transfer 17-Sep-20
S. No. 8
Year 2013-14
Particulars Final Dividend
Date of Transfer 22-Sep-21
S. No. 9
Year 2014-15
Particulars Final Dividend
Date of Transfer 19-Sep-22
S. No. 10
Year 2015-16(I)
Particulars Interim Dividend
Date of Transfer 08-May-23
S. No. 11
Year 2016-17
Particulars Final Dividend
Date of Transfer 04-Oct-24

Shareholders may note that the shares/dividend transferred to IEPF can be claimed by making an application to the Authority in Form IEPF 5 (to be filed online) at the following link http://www.iepf.gov.in/IEPF/refund.html

(to be used by shareholders/claimants whose shares and/or dividend have been transferred by the Company to Investor Education and Protection Fund)

Details of Equity Shares liable to be transferred to the IEPF

The Company will be transferring the underlying shares pertaining to Final dividend declared for the financial year 2017-18 on which dividend is unclaimed/un-encashed for seven consecutive years.

Shareholders are requested to claim the Final dividend of the financial year 2017-18 by submitting the required details to company’s RTA MUFG Intime India Pvt. Ltd. (email : [email protected]) on or before September 19, 2025. Kindly note that all requests received within time will be processed only through electronic credit. The dividend payment will be processed if the request is found appropriate in all respects.

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