Transfer of Shares to Investor Education and Protection Fund (IEPF)
Price
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ADC India Communications Limited has published a newspaper notice (on June 2, 2026) informing shareholders that equity shares belonging to those who have not claimed dividends for seven consecutive years, starting from the 2018-19 Final Dividend, will be transferred to the Investor Education and Protection Fund (IEPF) Authority on or after September 4, 2026. This action is taken under Section 124(6) of the Companies Act, 2013 read with the IEPF Rules, 2016. Shareholders holding such shares will receive individual communication at their latest available address, and the company will also publish the list on its website (www.adckcl.com). To prevent the transfer, concerned shareholders must submit the required documents to the Registrar and Share Transfer Agent, KFin Technologies Limited, by August 31, 2026. If no claim is received by this deadline, the company will transfer both the unclaimed dividend and the related shares to the IEPF Authority without any further notice.
Shareholders who have not claimed their dividends since 2018-19 risk losing ownership of their shares, which will be moved to the government-run IEPF Authority. While these shares can still be reclaimed later by applying via Form IEPF-5, affected shareholders should act before August 31, 2026 to avoid losing their holdings. This is a routine regulatory compliance action and is not expected to materially impact the stock price.