Intimation of Notice to shareholders for transfer of equity shares to the IEPF
BIRLANU · price
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BirlaNu Limited has issued a reminder notice to shareholders regarding unclaimed Final Dividend for FY 2018-19. Under Section 124(6) of the Companies Act, 2013, any unclaimed dividend that remains unpaid for seven consecutive years must be transferred to the Investor Education and Protection Fund (IEPF), along with the corresponding equity shares. The deadline for shareholders to claim the unpaid dividend is August 20, 2026, before the transfer scheduled for August 27, 2026. The company has asked shareholders to update their KYC details, bank account information, and nomination with the Registrar and Share Transfer Agent. The notice also highlights that SEBI mandates physical security holders to furnish PAN, nomination, contact details, and bank account details.
Shareholders who fail to claim their unclaimed dividend and update their KYC by August 20, 2026 will have their shares and dividends transferred to IEPF, after which claims must be filed with the IEPF Authority through the MCA portal. This is a routine compliance exercise and does not signal any financial distress.