Announcement under Regulation 30 of SEBI LODR - Transfer of Shares to Investor Education and Protection Fund (IEPF)
Awaiting price reaction for this filing.
United Breweries Limited has dispatched reminder letters to shareholders who have not claimed their final dividend for FY 2017-18 for seven or more consecutive years. Under Section 124(6) of the Companies Act, 2013, both the unpaid dividend amount and the corresponding shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority. Shareholders have been given a deadline of September 30, 2025 to claim their dividend by submitting a signed undertaking form along with a cancelled cheque and self-attested PAN card copy. After this date, shares will be moved to the IEPF Demat Account, and shareholders will need to approach the IEPF Authority to reclaim them. This is a routine annual compliance filing under SEBI LODR Regulation 30.
This is a routine regulatory compliance disclosure with no material impact on the stock price or the broader shareholder base. Only shareholders who have left their FY 2017-18 final dividend unclaimed for over seven years are affected and risk losing their shares to the IEPF if they do not act before September 30, 2025.