Please find enclosed herewith the specimen copy of the reminder letter sent to the shareholders of the Company informing them to claim their equity shares which otherwise are liable to ....
ALEMBICLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Alembic Limited has sent reminder letters to shareholders who have not encashed dividend warrants for seven consecutive years starting from FY 2018-2019. The company warns that if unpaid dividends are not claimed by 31 August 2026, the corresponding shares will be transferred to the Investor Education and Protection Fund (IEPF) as mandated under Section 124(6) of the Companies Act, 2013. Shareholders holding physical shares are also reminded to update their KYC details (PAN, address, bank account, nomination, etc.) with the RTA, M/s. MUFG Intime India Private Limited. Shares already transferred to IEPF can be claimed back by filing IEPF-5 web form.
Shareholders risk losing voting rights and dividends on unclaimed shares if they fail to act by 31 August 2026, though they can later retrieve them from IEPF through a formal process.