Reminder Letter to shareholders to claim unclaimed dividends
BIOCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Biocon has sent a reminder to shareholders who have not claimed dividends for 7 consecutive financial years (2018-19 to 2024-25), warning them that unclaimed dividends and underlying shares will be transferred to the Investor Education and Protection Fund (IEPF) if not claimed by August 20, 2026. The company states no dividends were declared for FY 2019-20 and 2020-21. Unpaid dividends up to FY 2017-18 have already been transferred to IEPF as per statutory requirements. Shareholders holding physical shares must submit ISR forms with cancelled cheques, while demat shareholders need to provide an updated Client Master List and PAN. After transfer to IEPF, shareholders can still file a claim online using Form IEPF-5 to recover their money and shares.
This is a routine regulatory compliance filing with no direct impact on Biocon's stock price or financial performance. Shareholders at risk of losing shares should act before the August 20, 2026 deadline to avoid mandatory transfer to IEPF.